Office building in London

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Office building in London

8,340,000 £
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Total area: 3,627 m² Yield: 7.4%
  • Absolute return: 737,760 €
  • Land area: 2,500 m²
  • 5-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 101
  • Lettable area: 3,498 m²

It is a modern office building in Harrow.

Description

The total area of the five-storey building is 3,627 m². It was built in the early 1990s and now is in an excellent condition.

The plot of 2,500 m².

The entrance hall is marble clad and has a full height atrium above. The building benefi ts from air conditioning, raised floors and suspended ceilings with recessed lighting.

Each floor has separate WCs for men, women and people with disabilities.

The building features n elevator for 10 people.

There is a parking and underground garage totalling in 101 parking places.

Tenure: Freehold.

All areas are leased out to several tenants.

Financial performance

Absolute income is 622,582 £.

The current yield of 7,4%.

Transaction costs of 6,67%.

Tenants

The tenants are consulting company, publishing company and wooden company.

The lease agreements are signed until 2019, 2020 and 2024.

Location

The property is situated in the commercial area.

There are shops, cafes, public transport and the metro station in the neighborhood.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Harrow
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