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Office and retail investment in Soho

London, Vereinigtes KönigreichAdresse freischalten

85%

£12.500.000

Mischnutzung

#14732

Core+

2 Feb 2024

Immobilieneinzelheiten

Makler

Zu verkaufen

9,358 ft²

869 m²

Mietfläche

1,335 £/ft²

14.384 £/m²

5.00 %

6

Eigentum

X

Gebühren

0.00 %

0.40 %

0.00 %

0.40 %

Investitionsübersicht

Rare opportunity to purchase a prime former warehouse building in Soho. The property is arranged over lower ground, ground and five upper floors, totalling 9,358 sq ft (NIA) and 12,343 sq ft (GIA). The property comprises offices from Lower Ground to the Fifth floor with one retail unit at ground floor. Multi let to six tenants at a total passing rent of £665,280 p.a.x (including vendor’s rental top up on 2nd floor) equating to a low £71.09 per sq ft overall. Excellent potential for rental growth with prime Soho and Fitzrovia rents now in excess of £100 per sq ft. The offices have been recently refurbished and on all floors offer perimeter trunking, WCs and comfort cooling. The property offers excellent floor to ceiling height throughout and 8 person passenger lift access on all floors. There is a good-sized roof terrace for the use of the Fifth floor with views to the South and West.