£4.500.000
Confirmation
Mixed use in the heart of the Shoreditch Triangle
London, United Kingdom
Mixed use
#14661
Core+
1 Nov 2024
Property Details
Broker
Deactivated
4,959 sq.ft.
461 m²Leasable area
907.44 £/sq.ft.
9,761 £/m²6.00 %
4
Freehold
Fees
Investment Overview
The building extends to 4,959 sq ft (460.6 sq m) arranged over lower ground, ground and 3 upper floors comprising 3,856 sq ft (358.2 sq m) NIA of Grade A office and 1,103 sq ft (102.4 sq m) GIA of leisure. The property was comprehensively refurbished and extended in 2018 and benefits from secure cycle storage, high quality common parts and shower facilities The property is 100% let to three office tenants and one leisure tenant with an attractive WAULT of 4.0 years to expiries and 3.8 years to breaks. Total net rent on sale of £291,186 per annum equating to a low reversionary average rent of £58.72 psf. • Originally constructed in 1991 and underwent a comprehensive refurbishment in 2018.
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