Office investment with residential conversion potential

Situated in the heart of the City of London on a pedestrianised street that links Eastcheap to Lower Thames Street. Excellent transport connections being a short walk from Monument, Bank and Cannon Street stations. Comprises 8,068 sq. ft. (749.5 sq. m.) of commercial accommodation arranged over lower ground, ground and four upper floors. The reception and common parts have recently been refurbished completing in 2019. Multi let to five tenants producing an overall rent passing (including a top up on the first floor) of £358,798 per annum reflecting only £44.47 per sq ft. WAULT of 1.93 years to lease expiries and 1.64 years to breaks on the let accommodation. Situated in one of the City of London’s identified residential areas and benefitting from a lapsed planning permission for change of use from office (B1) to residential (C3) use.