Acquired

Michael’s House, 10-11 Alie Street, London E1

Michael’s House, 10-11 Alie Street, London E1

Acquired for £9,950,000

Property Type:
Commercial
Sub Type:
Office
Tenure:
Freehold
Net Initial Yield:
3.46%
Site Area:
19,625 sq.ft [1,823 sq.m]

Tenancy

Multi-let to three tenants.

Income

Current passing income of £364,232 per annum equating to £18.55 per sq ft overall.

Description

Comprises 19,625 sq ft (1,823.22 sq m) of offices and ancillary accommodation arranged over lower ground, ground and 5 upper floors.