£133.000.000
Confirmation
Office portfolio (6 buildings)
London, United Kingdom
Mixed use
#16643
Core+
28 Oct 2024
Property Details
Broker
For sale
224,000 sq.ft.
20,810 m²Leasable area
593 £/sq.ft.
6,391 £/m²6.50 %
13
Freehold
Fees
Investment Overview
Comprises 224,000 square feet in total. All six buildings achieved a BREEAM Excellent rating on completion. The six are located close to transport hubs in the City, Shoreditch, Twickenham, Hammersmith, Richmond and Wimbledon. There is 16,935 square feet (8% overall vacancy) of newly refurbished Grade A space available to let. All six assets have undergone low carbon refurbishments with each building achieving an EPC rating of B. All six buildings achieved a BREEAM Excellent rating on completion. The portfolio is multi-let to 13 tenants. There is a weighted average unexpired lease term of 2.7 years to expiries, 2.6 years to breaks. Five of the six assets are held freehold, while one is held long leasehold at a peppercorn rent.
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