Refurbished freehold office building in Farringdon
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Refurbished freehold office building in Farringdon

London, United Kingdom

87%

£14.710.000

Office

#35597

Core+

26 Jan 2025

Property Details

Broker

For sale

18,530 sq.ft.

1,721 m²

Leasable area

793 £/sq.ft.

8,547 £/m²

7.75 %

6

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

Conveniently located in Farringdon, within close proximity to both Exmouth and Leather Lane Markets. Comprises 18,630 sq ft (1,730.7 sq m) of warehouse-style office accommodation arranged over ground and four upper floors, with ancillary lower ground floor storage space. Comprehensively refurbished asset offering brand new end of journey facilities, external amenity accommodation, and cutting-edge IT infrastructure. The asset is multi-let to six office tenants. Total passing rent of £1,217,215 per annum equating to £65.34 per sq ft, with no dilution from the lower ground floor space. Energy Performance Certificate (EPC) rating of B, future proofing it beyond 2030. The WAULT is 3.4 years to expiries and 2.0 years to breaks.

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