£24.900.000
Bestätigung
Stunning, art-deco, Freehold office property
Immobilieneinzelheiten
Makler
Zu verkaufen
41,702 ft²
3.874 m²Mietfläche
597,09 £/ft²
6.427 £/m²7.34 %
7
Eigentum
Gebühren
Investitionsübersicht
Located in Angel, a dynamic and vibrant submarket with an unmatched amenity offering. Benefitting from excellent connectivity from the Northern Line at Angel Station and within a short walking distance from King’s Cross, Farringdon and Old Street Stations. Attractive art-deco building comprising 41,702 sq ft (3,874 sq m) of office and ancillary accommodation arranged over lower ground, ground and four upper floors. Multi-let to seven office tenants with a net passing rent of £1,951,948 per annum, equating to £46.81 per sq ft overall. Highly reversionary rents, with nearby evidence close to £65 per sq ft. Providing a WAULT of 1.0 years with lease expiries and breaks ranging from January 2024 to June 2025. Benefitting from a whole building EPC rating of B valid until March 2033. Numerous asset management opportunities available including refurbishing the upper stack, regearing existing leases and the creation of a communal roof terrace. There is also potential to explore alternative uses, subject to the necessary consents.
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