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Office and retail accommodation

London, United Kingdom

85%

£28.000.000

Mixed use

#13027

Core+, Value-Add

29 Oct 2024

Property Details

Broker

For sale

20,081 sq.ft.

1,866 m²

Leasable area

1,394 £/sq.ft.

15,005 £/m²

4.00 %

7

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Prime Fitzrovia location. 20,081 sq ft office and retail accommodation over lower ground, ground and five upper floors. Flexible office floor plates of between 1,546 sq ft and 4,064 sq ft as two suites or single let. Multi let to seven tenants with one office floor, one office suite and one retail unit vacant from 31.1.2022. Producing a total rent of £1,148,090 pa reflecting just £57.17 psf overall.