Professional office space available for sublease in the highly desirable Newbold Business Park. This well-maintained office offers approximately 1,373 sq. ft. and features three spacious private offices, a welcoming reception area, a common work area, and a versatile loading dock currently utilized as a staff lounge, gym, and kitchenette. The unit also includes two washrooms. The building is professionally maintained and offers ample free on-site parking for staff and visitors. LI2 and LI7 zoning permits a wide variety of office and commercial uses. Ideally situated with quick access to Highway 401 via Highbury Avenue and Wellington Road, and within close proximity to public transit and numerous amenities. Located within the multi-tenant Newbold Business Park, this location provides excellent flexibility and growth opportunities for expanding businesses. The current base rent is $10.45 per sq. ft. net until March 31, 2027, increasing to $10.92 per sq. ft. (April 1, 2027 - March 31, 2028), $11.41 per sq. ft. (April 1, 2028 - March 31, 2029), and $11.93 per sq. ft. (April 1, 2029 - March 31, 2030). Additional rent is $7.10 per sq. ft. (id:60297)
| BusinessType | Other |
| BusinessSubType | Professional office(s) |
| MLS® Number | X13608072 |
| Property Type | Office |
| Community Name | South Z |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1373 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
| Acreage | No |
| ZoningDescription | Li2 Li7 |
https://www.realtor.ca/real-estate/30081752/645-consortium-court-london-south-south-z-south-z
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Sophia Hamdan
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