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Converted Victorian Warehouse

London, Vereinigtes KönigreichAdresse freischalten

83%

£9.400.000

Büro

#14739

Core+

2 Feb 2024

Immobilieneinzelheiten

Makler

Zu verkaufen

11,040 ft²

1.026 m²

Mietfläche

851 £/ft²

9.161 £/m²

4.90 %

3

Eigentum

X

Gebühren

0.00 %

0.40 %

0.00 %

0.40 %

Investitionsübersicht

Located in the heart of Southwark, one of London’s most diverse and vibrant submarkets. Converted Victorian Warehouse comprising 11,040 sq ft (1025.7 sq m) of recently refurbished office and ancillary accommodation arranged over lower ground, ground and four upper floors. ™ Excellent transport communications being situated a one minute walk from Borough Underground Station and an eight minute walk to London Bridge Underground and National Rail Station. Multi-let to three tenants producing a total passing rent of £490,152 per annum (inclusive of vendor top ups) reflecting a low overall passing rent of £44.40 psf, with prime Southwark rents now in excess of £75.00 psf. Weighted average unexpired lease term of 1.93 years to expiries on the let accommodation. Immediate asset management opportunities including letting the vacant accommodation and reconfiguring and rentalising the lower ground floor accommodation.