grade a offices to let - bt property...heart of paddington. it is situated within the paddington...

2
The Point 37 North Wharf Road Paddington W2 16,629 - 84,883 sq ft Grade A offices to let 020 7491 2188 avisonyoung.co.uk

Upload: others

Post on 15-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Grade A offices to let - BT Property...heart of Paddington. It is situated within the Paddington Basin area adjacent to the Grand Union Canal, and across from Paddington Station which

The Point 37 North Wharf Road Paddington W2 16,629 - 84,883 sq ft

Grade A offices to let

020 7491 2188 avisonyoung.co.uk

Page 2: Grade A offices to let - BT Property...heart of Paddington. It is situated within the Paddington Basin area adjacent to the Grand Union Canal, and across from Paddington Station which

1) Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young s )in this brochure is provided on the following conditions:

2) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract.

3) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or

representations of fact but satisfy themselves of their correctness by inspection or otherwise. 4) No person in the employment of Avison Young, or any joint agents, has any authority to make or

give any representation or warranty whatsoever in relation to the property or properties in this brochure.

5) All prices quoted are exclusive of VAT. 6) Avison Young shall have no liability whatsoever in relation to any documents contained within the

brochure or any elements of the brochure which were prepared solely by third parties, and not by Avison Young,

Avison Young 3 Brindleyplace, Birmingham B1 2JB

Avison Young is the trading name of GVA Grimley Limited. © 2019 GVA Grimley Limited

For further information or an appointment please contact:

Location The Point is prominently located in the heart of Paddington. It is situated within the Paddington Basin area adjacent to the Grand Union Canal, and across from Paddington Station which is set to become a major station on the new Elizabeth (Crossrail) line in 2019.

Description The Point is a striking office building, arranged over lower ground to ninth floors. The office floors enjoy full height glazing and a glass atrium which provide an abundance of natural light through the upper office floors. A total of 84,883 sq ft is available across the lower ground to second floors, which have undergone a Category A refurbishment to include new LED lighting and stripped back steel columns. The building benefits from cycle racks and showers. In addition, basement car parking and storage is available by separate arrangement.

Availability Floor Size (sq ft) Status 2nd 23,181 sq ft Available 1st 23,182 sq ft Available G 16,629 sq ft Available LG 21,891 sq ft Available Total 84,883 sq ft

Lease terms The floors are available by way of floor-by-floor subleases for a term to January 2028. Alternatively an assignment of the lease of the LG - 2nd floors is available. The lease expires in February 2028 and is held inside Sections 24-28 of the 1954 Landlord and Tenant Act.

Building connectivity Wired Certified Gold

Four available fibre providers (BT, Colt, Verizon, Vodafone)

Diverse communications intakes

Secure dedicated telecoms room

Distributed antenna system (DAS)

Use B1 office use for 1st - 2nd floors. Alternative uses may be considered for the ground and lower ground floors.

Rents 1st & 2nd floors - £60.00 per sq ft Ground floor - £55.00 per sq ft Lower ground - £45.00 per sq ft Assignment of whole - Upon app. Rent exclusive of VAT and all other outgoings.

Business rates We understand business rates are approximately £24.05 per sq ft for 2018/2019, assessed as a whole. We recommend interested parties make their own enquiries to assess individual floors. Service charge Approximately £11.37 per sq ft plus £1.20 per sq ft estate charge (2019). Excludes insurance (£0.51 per sq ft).

EPC Rating - C 61

February 2019

Anna Coupe 020 7911 2355 [email protected]

Patrick O’Keeffe 020 7911 2768 [email protected]

Charles Walker 020 7911 2687 [email protected]

2nd floor plan