Office in London

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Office in London

1,150,000 £
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Total area: 92 m² Yield: 4.7%
  • Absolute return: 71,583 €
  • 1 floor
  • Percentage of the rented area: 100%

It is a commercial premise in Whitechapel, London.

Description

The property is located on the corner on the ground floor of the building.

The total area of is 92 m².

The office benefits from a full height glazed return frontage, the property is in excellent overall condition.

Tenure: Leasehold for 999 years.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 54,230 £.

The current yield of 4,7%.

Tenants

Tenant is Knight Frank company, one of the largest RE consulting firms with more than a century of history.

Knight Frank, together with its strategic partner, Newmark Knight Frank, has a network of 370 offices and employs more than 12,000 specialists worldwide.

The lease agreement is signed for 25 years from May 2015. There is a mutual option to determine at the 10th anniversary.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in London
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