£80.000.000
Confirmation
Prime Revisionary Multi-let Grade A Office
Property Details
Broker
For sale
179,502 sq.ft.
16,676 m²Leasable area
445 £/sq.ft.
4,797 £/m²8.45 %
4
Leasehold
250
Fees
Investment Overview
Constructed in 2017 and comprising a striking Grade A office, benefitting from a superb double height reception, with offices arranged over ground, mezzanine and 9 upper floors, and a 442 space multi storey car park in the basement. Two vacant floors, totalling 35,625 sq ft, which have recently been refurbished. 442 space multi storey car park let to Q Park Ltd with 28 years unexpired and subject to annual RPI linked rent reviews (collar 2.5% pa & cap 4% pa) – 18% of the total income. Future-proofed building with exceptional ESG credentials. The current energy performance ratings range from A24 – B40. BREEAM Excellent.
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