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1 Fleet Place, London, City of London, EC4

169,631 Sq Ft / Offices

Withdrawn - Last updated: 18 November 2024

• Virtual freehold for 976 years unexpired at a peppercorn rent
• Located on the western side of the City, close to the border with Midtown
• St Paul’s, Chancery Lane, Farringdon and Blackfriars underground and mainline stations are all within short walking distance
• Diverse occupier base in the immediate vicinity with tenants including Goldman Sachs, BoA Merrill Lynch, Withers LLP, Deloitte, and Samsung
• Developed in 1992 by Rosehaugh Stanhope, the building is situated at the heart of the successful Fleet Place Estate
• 169,631 sq ft of high specification office and ancillary accommodation over lower ground, ground and nine upper floors with 4 retail units at ground floor level
• Offices single let to international law firm, Dentons UKMEA LLP, on FR&I leases expiring September 2025 without break, at a low passing rent of £35.89 per sq ft overall.
• Rent review in September 2013, providing opportunity for rental uplift on the basis of the rental evidence being created in the vicinity
• Multi-let retail (3.21% of rental income) principally expiring in 2018
• Total rental income of £6,070,573 per annum
• Opportunity to enhance value through re-structuring of both the office and retail leases

Location

1 Fleet Place, London, EC4, London: City

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