Offers invited
Confirmation
Central London Retail Estate with outstanding ESG credentials
Property Details
Broker
For sale
100,000 sq.ft.
9,290 m²Leasable area
Leasehold
250
Fees
Investment Overview
One of the last major regeneration projects within Zone 1. £2.3bn total estimated development end value. Opportunity totals c.100,000 sq ft of Retail, F&B and Leisure units. At completion, the project will incorporate c.3,200 residential units, c.480,000 sq ft of office space, significant employment opportunities and extensive green space. Centred around a 2.5 acre park – the largest new green space in London for decades. Innovative approach to leasing and business support has created one of the most sought after London retail markets for new entrants and cutting edge brands. Producing a total gross income of £2.75M and a total net income of £2.57M. Attractive WAULT to expiry of 11.93 and to first exit of 8.32 years. 250 year leasehold at a peppercorn.
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