£50.000.000
Bestätigung
Prime Freehold Investment Opportunity
London, Vereinigtes Königreich
Büro
#35648
Core+
19 Mar 2025
Immobilieneinzelheiten
Makler
Zu verkaufen
52,012 ft²
4.832 m²Mietfläche
961 £/ft²
10.347 £/m²6.26 %
6
Eigentum
Gebühren
Investitionsübersicht
Located within London’s Creative and Tech district, the hub of major global occupiers such as Adobe, Frontier, Wise and Amazon. Situated next to Old Street station and just a seven minute walk from Moorgate station, providing access to the Elizabeth line (Crossrail). Comprising 52,012 sq ft (4,832.1 sq m) of modern workspace arranged over lower ground, ground and six upper floors, offering excellent tenant amenity including external terraces, 80 cycle spaces and nine shower cubicles. 100% let to six tenants, from a variety of sectors, at a highly reversionary average net passing rent of only £64.26 psf overall, with nearby lettings at circa £90.00 psf. Three of the office floors, accounting for 44% of the contracted income, are subject to fixed rental increases. Nearly 90% of the income is subject to a 95 or higher Experian Delphi Score showing a low risk. WAULT of 6.3 years to lease expiry and 2.6 years to earliest determination.
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