Office / educational freehold investment

Croydon is one of London’s leading business, financial and cultural centres, benefitting from excellent communication links. Grade II Listed Art Deco building which has been recently refurbished and refitted to form a new campus for London South Bank University. The specification includes raised access floors, VRF air conditioning, suspended metal grid ceilings with LED lighting, four fibre-optic links and digitally connected teaching environments throughout. 56,189 sq ft net internal area adopted for review purposes.. Let to London South Bank University, for 15 years from 5 October 2021, a £1,892,647 pa (reflecting a low £33.68 psf overall). Five yearly upward only rent reviews to the higher of either OMRV, or RPI (1%-4%).