10 Northburgh St - Office FOR SALE


London, LND EC1V 0AY
$42,000,000 USD
207-935-4499
10 Northburgh St, London, LND for Sale
$42,000,000 USD
Office - FOR SALE
1/51
null | 5.87% Cap Rate

10 Northburgh St
London, LND EC1V 0AY


HIGHLIGHTS

  • Freehold.
  • Prime Clerkenwell location, one of London’s most dynamic commercial, cultural and creative centres.
  • Located just a short walk from Farringdon, Barbican and Old Street stations, providing excellent access
  • Striking former warehouse comprising approximately 42,904 sq ft of grade A office, retail/showroom and ancillary accommodation
  • Refurbished to a high internal specification retaining many original features including vaulted ceilings & traditional industrial warehouse doors

OVERVIEW

Offers are invited in excess of £42,000,000 (Forty Two Million Pounds) a 100% interest in the JPUT that holds the freehold interest. This reflects a net initial yield of 5.87% (assuming purchaser’s costs of 1.80%) and a capital value of £979 per sq ft.

FOR SALE DETAILS

PRICE

$42,000,000 USD

PRICE/SF

$979 USD /SF

CAP RATE

5.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northburgh House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

AGL321547,AGL425882,AGL425883,AGL425885,AGL425886,AGL446922,EGL553653,EGL553654,EGL553655,EGL553656,NGL735734

ASK ABOUT THIS PROPERTY

Aidan MeynellColliersMore Info
207-935-4499

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Aidan MeynellColliersMore Info
207-935-4499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.