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Prime West End freehold investment in Soho

London, Vereinigtes KönigreichAdresse freischalten

85%

£40.300.000

Büro

#34710

Core+

24 Jun 2024

Immobilieneinzelheiten

Makler

Zu verkaufen

23,198 ft²

2.155 m²

Mietfläche

1,737 £/ft²

18.700 £/m²

4.50 %

7

Eigentum

X

Gebühren

0.00 %

0.40 %

0.00 %

0.40 %

Investitionsübersicht

Prominently located in the heart of Soho on one of the West End’s finest garden squares. Rarely traded square with only 6 buildings sold in the last 10 years. Beautiful period facade with open plan warehouse-style office floor plates. 23,198 sq ft of offices over lower ground, ground and seven upper floor. 4 out of 7 upper floors benefit from external terracing. Exceptional natural light from front and rear and generous floor to ceiling heights throughout. Multi let to 7 tenants at a passing rent of £1,936,937.50 per annum. Reversionary rent of £84.88 psf overall, significantly below Soho prime rents of £125+ per sq ft. Severely restricted supply of small suites in core Soho. Potential to secure vacant possession in Q4 2026, with all leases held outside the 1954 Act