Commercial Building, London E1

Asking Price £10,8000,000
Freehold

Cornerstone Realty is pleased to present a rare opportunity to purchase this freehold, approximately 28,000sq feet commercial building in London City, E1 for purchase.

Key Investment Considerations

  • Freehold
  • Modern building comprising 27,710 sq ft (2,574.30 sq m) of air conditioned offices and ancillary accommodation
  • Prime City Location benefiting from excellent transport links
  • Current and proposed developments in the immediate vicinity due to significantly improve the local area
  • Refurbishment opportunity with change of use potential (subject to necessary consents)
  • Low capital value of £390 psf
  • Let in entirety to an insurance entity at £963,210 pa, expiring 30 Sep 2013 (£34.76 psf)
  • Attractive rental yield of 8.9%
  • Private Sale, 1% Buyer’s Fee
  • Offers sought for £10,800,000 subject to contract and exclusive of VAT

For more information about this property, please contact us at +44 (0)207 712 1612 or email us at sales@cornerstonerealty.co.uk