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Office for sale

Ivor Place, Marylebone, London
Sold STC
Office
1,600 sq ft / 149 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
The property has a front street level entrance on Ivor Place, close to the green open spaces of Regent’s Park as well as Baker Street and Marylebone stations. The office accommodation of 1,600 sq ft (148 sq m) is arranged on the lower ground, ground and first floor.

On the lower ground, there are two offices, a kitchen and toilets. The entrance on the ground floor leads into a hall with a good sized office on one side. The first floor comprises three further offices.

Tenancies
The lower ground, ground and first floors are let to P&W on a lease subject to the provisions of the Landlord & Tenant Act 1954 for a term of six years from 25th March 2015 at an annual rent of £40,000 per annum. The Tenant served a notice under section 26 of the Act on 8 June 2024 requesting a new tenancy from 5 June 2025. No opposition was raised to the granting of the new tenancy and the tenant is holding over.

The maisonette on the two upper floors has been sold on 125 year lease from 1989 at a current rent of £150 pa.

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Sandfords - London
Sandfords - London
213-215 Gloucester Place Regent's Park NW1 6BU
020 8022 6935
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Specialists in Sales, Rentals and acquisition of prime residential property in Central and North West London
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