Summary - EIGHTH FLOOR, 54-58, HIGH STREET HA8 7EJ
1 bed 1 bath Office
Large central space with strong connectivity and parking.
Extensive open-plan floor of approximately 3,014 sq ft
A very large eighth-floor office in central Edgware, offered with long leasehold rights. The open-plan 3,014 sq ft floor delivers high ceilings, a generous room count and a large plot footprint, suited to an occupier fit-out or an investor seeking central space with easy transport links and excellent mobile and broadband connectivity. About 1,090 sq ft is currently sub-let until 20 November 2024 at £18,000 per annum; vacant possession is anticipated to be obtainable if required.
Financially, note material running costs: the service charge is circa £18,000 pa plus VAT for the whole floor and rates for 2023/24 are approximately £18,712 pa. The long leasehold is held for a 999-year term from 1995 with a modest ground rent of £100 per annum. Price information provided is inconsistent in the materials — one figure shows £595,000 while marketing particulars reference £735,000 plus VAT; prospective buyers should request current asking price and VAT position.
Practical considerations: the building is a multi-storey, Brutalist commercial block in a busy high-street setting. There is garage parking, and the building entrance and hallway present in good modern condition, but the area records higher local crime levels which may affect some occupiers. EPC is TBC; interested parties should verify service charge apportionment, roof and façade responsibility, and obtain up-to-date survey and statutory searches before committing.
Office for sale in High Street, Edgware, Middlesex, HA8 — £595,000 • 1 bed • 1 bath • 3014 ft²
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