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• Commercial unit for sale/to let • B1 office use • Approx. 164 sqm (1,765 sqft) • Potential for subdivision • Adjacent to landmark Elephant Park development DESCRIPTION A unique opportunity to acquire a virtual freehold commercial unit in a new, CZWG Architects designed mixed-use development. The subject property comprises a ground floor B1 office space with 5m ceiling height measuring approx. 1,765 sqft in all. The property is offered as a shell, benefits from two independent points of access and offers potential for subdivision. Likely to prove of interest to media, arts, design and communications firms, our client can provide a fit-out service by separate negotiation.

Randall Court, 10-20 Steedman Street, London SE17 3AF Commercial unit for sale/let

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Randall Court, 10-20 Steedman Street, London SE17 3AF

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LOCATION Randall Court is located on the Northern side of Steedman Street, just off the A215 Walworth Road, and less than 1/4 mile from Elephant and Castle train station. The landmark Elephant Park scheme is just a stone’s throw from Randall Court, and is set to transform the former Heygate Estate with 3,000 new homes, 50 new shops and restaurants, a new public park and £30m investment into local transport infrastructure.

TENURE The property will be sold on a new 999 year lease at a peppercorn rent. A nominal service charge contribution will be payable to cover a pro-rata proportion of the buildings insurance and external maintenance costs.

SERVICES Capped risers for water, electricity and gas are provided within the subject property.

TERMS To let - New lease available £50,000 per annum (£28 p/sqft). For sale - Offers in excess of £850,000 (eight hundred and fifty thousand pounds) are invited for the long leasehold interest which equates to £481psf capital value.

VAT VAT is payable at the prevailing rate.

VIEWINGS Viewings are strictly by prior appointment with Acorn Commercial on 020 7089 6555. For more information contact: Michael Posner 020 7089 6555 Meet the rest of the team...

This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited. You may not, except with our express written permission, distribute or commercially exploit the content, nor may you transmit it or store it in any form. Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested.

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120 Bermondsey Street, London SE1 3TX T: 020 7089 6555

E: [email protected] W: acorncommercial.co.uk 1 Sherman Road, Bromley, Kent BR1 3JH T: 020 8315 5454