£9.600.000
Confirmation
Single-let corner building
London, United Kingdom
Office
#13743
Core+
28 Oct 2024
Property Details
Broker
For sale
16,726 sq.ft.
1,554 m²Leasable area
573.96 £/sq.ft.
6,177 £/m²5.63 %
1
Leasehold
992
Fees
Investment Overview
Virtual Freehold with 992 years unexpired. Located in the heart of Stratford, adjacent to the Queen Elizabeth Olympic Park. Exceptional connectivity being within 250m of Crossrail ‘The Elizabeth Line’ at Stratford Station, which opened in May 2022. A prominent corner building at the junction of Broadway and Great Eastern Road. 16,726 sq ft (1,553.9 sq m) of Grade A offices over ground and two upper floors. Single-let to Vistry Partnerships Limited until December 2027 (5.6 years unexpired). Passing rent of £550,000 per annum, equating to a low overall rent of £32.88 per sq ft. An upwards-only rent review in January 2023, providing the opportunity for a significant rental uplift.
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