16 Laystall St - Office FOR SALE


London, LND EC1R 4PF
$14,710,000 USD
204-572-0710
16 Laystall St, London, LND for Sale
$14,710,000 USD
Office - FOR SALE
1/77
null | 7.75% Cap Rate

16 Laystall St
London, LND EC1R 4PF


HIGHLIGHTS

  • Prime Freehold.
  • Conveniently located in Farringdon, within close proximity to both Exmouth and Leather Lane Markets.
  • Excellent transport connectivity being within 650 metres of the new Farringdon Elizabeth Line (Crossrail) station.
  • Comprises 18,630 sq ft (1,730.7 sq m) of warehouse-style office accommodation arranged over ground, and four upper floors.
  • Comprehensively refurbished asset offering brand new end of journey facilities, external amenity accommodation, and cutting-edge IT infrastructure.
  • The asset is multi-let to six office tenants.
  • Total topped-up passing rent of £1,217,215 per annum equating to £65.34 per sq ft
  • Energy Performance Certificate (EPC) rating of B, rare for a building of this age, future proofing it beyond 2030.
  • The WAULT is 3.4 years to expiries and 2.0 years to breaks.

OVERVIEW

A fully let, refurbished office building in the heart of Farringdon within a short walk of the Elizabeth Line station. 18,630 sq ft, attractive warehouse-style office building that has achieved an EPC B. Multi-let with a WAULT of 3.4 years to expiries.

FOR SALE DETAILS

PRICE

$14,710,000 USD

PRICE/SF

$790 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lightwell

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

NGL599963,NGL945644,NGL985322,NGL985323

ASK ABOUT THIS PROPERTY

Ollie ThorntonKnight Frank LLPMore Info
204-572-0710

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

Ollie ThorntonKnight Frank LLPMore Info
204-572-0710

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