Multi-let & highly reversionary south east town centre office

Excellently positioned at the centre of the town and comprises a prominent 58,545 sq ft office with highly flexible floor plates and impressive internal specifications & fit-outs. Well-specified with an EPC B rating and 63 secure on-site car parking spaces (1:929 sq ft). Multi-let to 7 diverse and high-profile office tenants providing a WAULT of 3.1 years to expiry and 2.0 years to break. No single tenant accounts for more than 26% of the income. Rental income of £976,293, per annum, reflecting a highly reversionary average overall rent of £25.30 per sq ft. There is one newly refurbished vacant unit which PC’d in July 2022 (6,661 sq ft), plus a vacant suite of 4,641 sq ft which benefits from part of the ex. tenants fit out. Not encumbered by an Article 4 restriction. Held Long Leasehold for 150 years from and including 20 November 2023 (c. 149.5 years unexpired) at a peppercorn.