Verified listing
Share:

Single-let high quality office accommodation

London, United KingdomUnlock address

82%

£21.000.000

Office

#14126

Core+, Value-Add

3 Feb 2024

Property Details

Broker

Deactivated

12,882 sq.ft.

1,197 m²

Leasable area

1,630 £/sq.ft.

17,543 £/m²

3.90 %

1

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Located in Marylebone in the heart of the West End and within 30m of Cavendish Square. Comprehensively redeveloped in the early 1990s behind its period façade, the building comprises 12,882 sq ft of efficient rectangular floor plates over lower ground, ground and 5 upper floors. NIA of 12,882 sq ft. High quality office accommodation arranged over lower ground, ground and four upper floors. Single let as London headquarters for a further 3.89 years. Highly reversionary – the rent of £873,873 p.a. reflects a low £67.84 psf overall with prime rents in the area achieving over £100 psf.