£15.000.000
Confirmation
Long income, indexed linked investment opportunity
Property Details
Broker
Deactivated
15,587 sq.ft.
1,448 m²Leasable area
962 £/sq.ft.
10,359 £/m²4.76 %
1
Leasehold
979
Fees
Investment Overview
Located in the heart of the South Bank, one of London’s most vibrant and exciting districts. Comprising 15,587 sq ft NIA of award winning office accommodation arranged in two selfcontained units across ground and lower ground. The tenant has recently delivered a comprehensive refurbishment of the existing accommodation, spending £2m to create a high quality modern workspace, comprising best-inclass amenity with renewed M&E for the benefit of the occupier. Serving as their head office for approximately 20 years, both units are single let until May 2031, providing 9.1 years term certain. Gross passing rent of £763,763 per annum, Reflecting a low overall rent of £49.00 per sq ft.
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