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.
Absolute income is 54,230 £.
The current yield of 4,7%.
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.