£104.000.000
Confirmation
Best in class sustainable office building
London, United Kingdom
Office
#35142
Core+
28 Oct 2024
Property Details
Broker
For sale
128,773 sq.ft.
11,963 m²NIA
807.62 £/sq.ft.
8,693 £/m²7.50 %
2
Freehold
Fees
Investment Overview
Building comprises 128,773 sq ft NIA of warehouse-style office accommodation across lower ground, ground and six upper floors. Extensively redesigned and redeveloped in 2020 to create best in class office space with market leading sustainability credentials. BREEAM ‘Excellent’, EPC B and Wiredscore GOLD. 92% let to two of the UK’s leading technology companies Checkout.com and MVF. Total topped up passing rent of £8,332,660 per annum reflecting a reversionary rent of £64.71 per sq ft overall. WAULT of 7.1 years to expiries and 5.5 years to breaks on the let accommodation.
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