£7.500.000
Confirmation
Contemporary grade A office building
London, United Kingdom
Office
#13111
Core+
27 Oct 2024
Property Details
Broker
Under offer
10,541 sq.ft.
979 m²Leasable area
711.51 £/sq.ft.
7,660 £/m²7.51 %
Freehold
Fees
Investment Overview
Comprehensively refurbished and redesigned in 2020. 11,015 sq ft (1,023 sq m) of contemporary Grade A office and ancillary accommodation arranged over ground and four upper floors. Carefully considered and crafted workspace for the modern occupier with exposed industrial features and generous 2.8m to 3.1m floor to ceiling heights. Majority let to a leading global provider of consulting and engineering services for a further 8.3 years unexpired or 3.3 years to the tenant break option. The total passing rent inclusive of vendor guarantees equates to £639,142 per annum (£58.02 per sq ft overall). The floor plates are typically 2,500 sq ft, regular in shape and benefit from excellent natural light from the east and west elevations accentuated by generous floor to ceiling heights of up to 3.1 metres. The 3rd and 4th floors have recently been fully fitted and furnished, to provide modern office suites of the highest quality.
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