Mixed-use Corner City Freehold
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Mixed-use Corner City Freehold

London, United Kingdom

90%

£10.900.000

Mixed use

#37489

Core+

9 Nov 2025

Property Details

Broker

For sale

16,941 sq.ft.

1,574 m²

Leasable area

643 £/sq.ft.

6,925 £/m²

7.00 %

6

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

Excellent connectivity with Moorgate Station within a 5-minute walk and Liverpool Street, Barbican and Old Street underground stations all within a 10-minute walk. The property comprises 16,941 sq ft (1,573.9 sq m) of office, retail and leisure accommodation arranged over basement, lower ground, ground and five upper floors. Multi-let to five office tenants and one retail tenant generating a topped up initial rent of £811,290 pa (£47.89 psf). 12 month rental top up offered on the vacant leisure unit at £85,000 (£22.95 psf). Low passing rent on office accommodation of £58.49 psf, providing significant reversionary potential. Secure income reflecting a WAULT of 3.6 years to expiries and 2.2 years to breaks. Benefits from an extensive communal roof terrace with views over Central London. Highly efficient office floor plates ranging from approximately 1,800 - 2,400 sq ft. In the last three years, approximately £1,500,000 of landlord capital expenditure has been invested to deliver three high quality fully fitted Cat A+ floors. Numerous asset management opportunities including continuing the rolling Cat A+ refurbishment on the 4th and 5th floors and enhancing the end of trip facilities to drive a material reversion.