£45.500.000
Confirmation
Prominent corner building
Property Details
Broker
Sold
47,490 sq.ft.
4,412 m²Leasable area
958 £/sq.ft.
10,312 £/m²5.72 %
2
Freehold
Fees
Investment Overview
Prominent corner building 150m from Liverpool Street Station. Repositioned in 2021 to a new dynamic modern office and restaurant building, which embodies the vibrancy and character of its surroundings. Market leading ESG credentials, benefiting from an EPC rating of B. 47,490 sq. ft. (4,412 sq. m) of office, retail and ancillary accommodation arranged over lower ground, ground and five upper floors. The office accommodation is single let to UK’s leading technology, talent and training organisation. The retail accommodation is let to Japanese award-winning restauranteur. Fully let at a passing rent of £2,651,469 per annum reflecting a low overall rent of £55.83 per sq. ft. The property provides a weighted unexpired lease term of 12.3 years to expiries (8.6 years to earliest determination).
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