Comprehensively Refurbished Office Building

This building comprises a former warehouse offering a total of 18,654 sq ft of commercial office space arranged over a lower ground, ground and four upper floors. Floorplates in the building range from 2,334 to 4,384 sq ft. The refurbishment pays gentle respect to the design ethos of regency Farringdon, whilst offering everything expected from a modern, cutting-edge office building. Not only does the property offer a spacious openplan working environment but it also includes two beautifully landscaped terrace gardens. The terraces are accessed from the 3rd and 4th floors and provide an excellent space to unwind and relax. The asset is multi-let to four office tenants. The 1st floor is vacant and will be subject to a 12 month vendor top up. Total topped-up passing rent of £1,158,426 per annum equating to £62.10 per sq ft, with no dilution from the basement space. Upcoming rental reversion opportunity across two floors (Ground & 2nd floor let off £50.00 - £54.42 psf), with limited capital expenditure required and prime rents in Farringdon in excess of £85.00 per sq ft. Energy Performance Certificate (EPC) rating of B, rare for a building of this age, future proofing it beyond 2030. The WAULT is 2.46 years to expiries and 1.70 years to breaks.