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Prominent City of London Freehold with Asset Manag, 110-114 Middlesex Street, London, E1 7HY
48,064 Sq Ft / Leisure
Withdrawn - Last updated: 19 April 2021
- Situated on the north side of Middlesex Street approximately 150 metres from Liverpool Street Station, Bishopsgate and the Broadgate Estate and approximately 250 metres to the south of the Spitalfields Estate.
- Freehold.
- Constructed in 1989 to comprise three interconnected buildings totalling approximately 48,064 sq ft (4,465 sq m) of Grade A specified office, restaurant and ancillary accommodation.
- Typical office floors range between 1,350 sq ft (125 sq m) and 4,150 sq ft (386 sq m) providing flexible office accommodation with excellent natural light.
- Multi-let to 10 tenants on leases to expire between 2013 and 2020. The weighted average lease term to expiry is approximately 6.50 years.
- The rent is £1,468,306 per annum equating to a low rent of £30.55 per sq ft overall.
- Considerable asset management opportunities with well timed lease events.
- Low capital value of £428 per sq ft.
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