£10.900.000
Confirmation
Mixed-use Corner City Freehold
London, United Kingdom
Mixed use
#37489
Core+
9 Nov 2025
Property Details
Broker
For sale
16,941 sq.ft.
1,574 m²Leasable area
643 £/sq.ft.
6,925 £/m²7.00 %
6
Freehold
Fees
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.
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