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Office building in London

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Office building in London

16,200,000 £
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Total area: 2,223 m² Yield: 4.7%
  • Absolute return: 1,091,417 €
  • Built in 1970
  • 7-floor building

It is an office building in London.

Description

The property is a seven-storey building built in 1970s.

The total area is 2,223 square meters. Property is occupied with offices and warehouses.

Equipment

  • Reception area which takes two first storeys.
  • Chiller-fan coil system.
  • Raised floor.
  • Metal ceilings.
  • Two passenger elevators for 6 persons (450 kg).
  • Men's and women's toilets on each floor.
  • Panoramic windows.
  • Showers.

Financial performance

Absolute income is 770,226 £.

The current yield of 4,7%.

Projected income is 845,736 £.

The projected yield of 5,2%.

Tenants

All the floors except the ground floor and basement are leased to various companies.

Location

The property is located in the area with many insurance and financial companies.

Several subway stations and the train station are in the immediate vicinity of the area.

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Georgiy Buznik
Georgiy Buznik
Real Estate Expert Tranio in London
+44 20 3608 1267
Free advice on real estate in London
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