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Freehold Trophy Investment Opportunity

London, United Kingdom

84%

£17.000.000

Office

#14648

Core+

3 Nov 2024

Property Details

Broker

Sold

12,944 sq.ft.

1,203 m²

Leasable area

1,313 £/sq.ft.

14,131 £/m²

4.50 %

Freehold

8

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

Prime West End location. Striking mixed use building providing 12,944 sq ft (1,202 sq m) of well-specified office accommodation arranged over lower ground, ground and five upper floors with two attractive refurbished residential apartments on the sixth and seventh floors. Multi-let on seven commercial leases and two assured shorthold tenancy agreements. Current topped-up rent of £816,009.50 per annum which equates to a low average rent on the office accommodation of £71.06 per sq ft. Attractive opportunity for purchasers with occupational requirements.