27 - 29 Cursitor Street, LONDON, EC4A 1LT

Description

FOR SALE

Multi let Midtown Office Investment

The building provides approximately 945.3 sq m (10,175 sq ft) of office accommodation arrnaged over lower ground, ground and four upper floors.

The total current passing rent (including top ups) is £365,505 per annum, which equates to £35.92 per sq ft overall. The total net rent passing is £365,255 per annum.

The vendor is seeking offers in excess of £4,605,000 for their Long Leasehold interest, subject to contract, reflecting a net initial yield of 7.5% (after purchaser's costs of 5.75%) and a capital value of £453 per sq ft.

For further information or to arrange an inspection please contact Oliver Sadler or Henry Pescod on 0207 588 4433.