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Office for sale in Westminster

London, Vereinigtes KönigreichAdresse freischalten

83%

£15.000.000

Büro

#12770

Core+, Value-Add

29 Feb 2024

Immobilieneinzelheiten

Makler

Deaktiviert

12,750 ft²

1.185 m²

Mietfläche

1,176 £/ft²

12.658 £/m²

Eigentum

4

X

Gebühren

0.00 %

0.40 %

0.00 %

0.40 %

Investitionsübersicht

Highly prominent corner building benefitting from natural light on three sides. The building comprises a self contained, 10-storey office building. Originally completed in 1974, the building was upgraded in 2018 with further reconfiguration to the ground and lower ground floor in 2021. The building comprises 13,696 sq ft NIA of office and ancillary accommodation across lower ground, ground and eight upper floors; Typical floorplates of 1,400 sq ft. The 3rd, part 4th, 5th and part 6th are currently let on leases with breaks and expiries between February 2022 and December 2026. The current passing rent is £283,644 per annum. The remaining accommodation is available to let, or suitable for owner occupation. Immediate asset management opportunities to drive rental performance with prime Victoria rents at £90.00psf. Short to medium term redevelopment opportunities to provide significant site massing via a commercial, residential or mixed-use scheme, subject to planning.