Multi-let city office investment

Located within 250 metres of the Bank of England at the very core of the City of London, the world’s preeminent business district. Prominent, end of terrace Portland stone office building providing recently refurbished office accommodation. The Property, which was comprehensively refurbished in 2013, has since been subject to rolling refurbishment, the most recent of which was the fifth floor which was delivered to CAT B in 2023. Multi let to three tenants. The current gross passing rent, inclusive of vendor top ups, is £274,768 per annum, reflecting a low passing rent of £53.52 per sq ft overall. The Property has a Weighted Average Unexpired Lease Term of 3.07 years to expiries and 2.28 years to breaks (on the let accommodation).