Wickfield House, 18-22 Disney Place

share

bookmark

Key Points

Summary

4,812 sq ft self contained office building over ground and three upper floors with planning permission to increase the NIA by 646 sq ft.

Description

A hidden gem in the side street of Disney Place. Wickfield House is located in the heart of Borough, a two-minute walk from Borough Station.

A self-contained, freehold office building comprising 4,812 sq ft across the ground and three upper floors.

The property benefits from planning consent and is offered with full vacant possession.

Prime Borough office rents are in excess of £80.00 per sq ft.

Planning permission was granted 31/01/2023 under LBS registration Number: 22/AP/3348

Amendment to planning granted on 16/02/2023 under LBS Registration Number: 23/AP/0292

White Red Architects designed the scheme The scheme includes:

Increasing the NIA by 646 sq ft to create a high end office building.

Impressive glazed extensions on 1st and 3rd floors to create fabulous views over London and an attractive terrace area on the 2nd floor.

Floor to ceiling sliding doors on 1st and 3rd floor extensions. Consolidation of new plant area onto the roof.

Location

Wickfield House is situated on Disney Place, an attractive cul-de-sac in the vibrant area of Borough, SE1; an area renowned for its culture and food beverage provision with an abundance of cafes, restaurants and bars, as well as popular food markets; the iconic Borough Market is less than a 10-minute walk and the Shard is a 12-minute walk.

Wickfield House is exceptionally well-connected being located adjacent to Borough Underground Station, and within walking distance of both London Bridge (8-minutes) and Southwark stations (12 minutes).

In addition, Waterloo and Waterloo East are also nearby, providing additional tube and rail connectivity.

Tenure

Freehold

VAT

The Property is elected for VAT

Legal Costs

Each party to be responsible for its own legal and all other professional costs incurred in the transaction

Local Authority

London Borough of Southwark. It is not listed but within the Liberty of the Mint conservation area.

Proposal

We are seeking offers in excess of £3,000,000 which reflects and capital value of £623 per sq ft on the existing and £550 per sq ft on the proposed.