£5.750.000
Confirmation
Georgian mid-terraced office building
London, United Kingdom
77%
Office
#34241
Core+
5 Nov 2024
Property Details
Broker
Sold
5,188 sq.ft.
482 m²GIA
1,108 £/sq.ft.
11,929 £/m²0
Leasehold
96
X
Fees
Investment Overview
Attractive Georgian mid-terraced office building arranged over the basement, around and four upper floors, comprising 3,411 sq ft (NIA), 5,188 sq ft (GIA) of self-contained office accommodation with a Held long leasehold from The Grosvenor Estate for 125 vears from 25 March 1995. Having approximately 96 years unexpired. The lease is geared to 15% of rents received. Single let for gross rent of £247,170 per annum, until 29 January 2030, with a mutual break option on 7 November 2024. Allowing for full vacant possession thereafter.
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