Verified listing
Share:

Grade A office element of a mixed use developemnt

London, United KingdomUnlock address

84%

€9.600.000

Office

#14842

Core+

27 Dec 2023

Property Details

Broker

For sale

16,726 sq.ft.

1,554 m²

Leasable area

573 €/sq.ft.

6,177 €/m²

1

Other

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Virtual Freehold with 992 years unexpired. The property was developed by in 2017. It comprises c. 16,726 sq ft of high-quality office space arranged over the ground, first and second floors. Located in the heart of Stratford, adjacent to the Queen Elizabeth Olympic Park. 16,726 sq ft (1,553.9 sq m) of Grade A offices over ground and two upper floors. Single-let until December 2027 (5.2 years unexpired). Passing rent of £550,000 per annum, equating to a low overall rent of £32.88 per sq ft. An upwards-only rent review in January 2023, providing the opportunity for a significant rental uplift.