Current offers
250612 COMMERCIAL_OFFICE LONDON
London – Top location Thames/Tower Bridge– WAULT 9,8
An extremely rare mixed-use commercial holding of restaurant and office accommodation with asset management plan opportunities. Direct frontage to the River Thames of approximately 200 metres. Situated adjacent to the world-famous Tower Bridge on The South Bank, a thriving commercial, residential and tourist destination anchored by The Shard, More London, Tate Modern and the Southbank Centre.
+ Comprises the commercial elements only of three buildings, two of which are Grade II listed.
+ An extremely rare mixed-use commercial holding of restaurant and office accommodation with asset management plan opportunities.
+ 40,668 sq ft of restaurant accommodation with approximately 6,939 sq ft of prime external seating areas, plus 17,265 sq ft of first floor offices fronting the River Thames.
+ The current income of £2,329,082 per annum is secured against 12 commercial tenants on 16 leases.
+ 999 year leasehold interests of the commercial elements at a peppercorn rent (average 973 years unexpired).
+ A weighted average unexpired lease term of approximately 9.8 years (9.1 years to breaks).
+ Vacant space of approximately 17,126 sq ft providing the opportunity to implement a fresh business plan.
+ Immediate and longer term asset management opportunities, subject to planning.
A purchase at this price represents:
+ An initial yield of 6.0% on the contracted income after an allowance for purchaser’s costs of 6.77%.
+£500psf on the vacant offices - £400psf on the vacant restaurants - No value attributed to the vacant basement accommodation.
Purchase price £41,9m + VAT
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2509015 OFFICE LONDON
London – Excellent, long-term office investment with world-renowned premium tenant – WAULT 14 years
- 0.76 acre estate comprising two main office buildings, four mews buildings and 12 car parking spaces within a gated estate
- 52,407 sq ft NIA of office accommodation arranged over basement, ground and five upper floors
- Single let to globally renowned company until June 2039 providing a WAULT of c.14 years
- Tenant has a 100% rent payment history and the highest possible Dun & Bradstreet rating of “5A1”
- Current passing rent of £2,576,584 per annum reflecting a low rent of £49.16 per sq ft set in June 2024
- Five annual rent reviews based on uncapped index linked increases. The index figure is an average of CPI and RPI.
- Current passing rent shows an increase of 29% from initial passing rent following June 2024 review
- Forecast running yield performance of 6.74% following June 2034 review
- Underpinned by exceptional long term alternative use potential
A purchase at this level reflects an attractive capital value of £878 per sq ft and a NIY of 5.25%
Freehold
Purchase price £46m + VAT
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502001 RESIDENTIAL LONDON
London - Residential ensemble in top location on Regents Park
Stylish Edwardian-style development with 21 flats and 10 retail outlets, authorized extension to 30 residential units.
Modern comfort flats (1-5 bedrooms) with traditional style elements, mostly with park views.
Currently approx. 3,627 m² living space plus approx. 466 m² commercial = total approx. 4,293 m² - with extension approx. 4,166 m² residential - total approx. 4,632 m². Rental income JNM residential + commercial £2,114,172 (excluding vacant show flat) and £2,312,032 inclusive.
Freehold asset deal or share deal
Purchase price on request
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502002 HOTEL LONDON
London - 4* hotel near Hyde Park operator/brand-free
First-class 4* hotel in top location - built in 1900/2004, 119 rooms, restaurant, bar, 12 car parks. Within walking distance of Hyde Park and Paddington Station. Management and brand-free takeover, excellent opportunity to increase ADR. Trip Advisor 4.5 out of 5.
Freehold asset deal
Purchase price £40m plus
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502003 HOTEL LONDON
London - Upscale Hotel Paddington operator/brand free
First-class 4* hotel in an excellent, central location - 231 rooms, restaurant, bar, gym. Within walking distance of Paddington Station, direct access to Hyde Park, close to the upmarket district of Mayfair and Oxford Street. Management and brand-free takeover, excellent opportunity to increase ADR. Trip Advisor 4.5 out of 5.
Freehold asset deal
Purchase price £70m plus
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502004 OFFICE_RESIDENTIAL LONDON
Attractive office property in expanding Fitzrovia location near Regent Street/Oxford Street
Excellent infrastructure, surrounded by head offices/outlets of numerous well-known major companies: 2 building sections: A) Approx. 9,384 m² of office and retail space spread over ground floor, first floor and 4th floor. B) From the 5th floor upwards - self-contained residential residence with 51 private flats, which were sold under long-term leasehold agreements.
Commercial: Fully let to 7 high quality office and 3 retail tenants generating a total rent of approximately £6,585,000. WAULT 5.95 years, break 3.2 years. Good rental uplift potential: Actual - £65.15/sq ft - in the surrounding area up to over £100/sq ft.
Freehold sale via property trust
Purchase price £116m plus (rental yield approx. 5.59% including 1.8% incidental acquisition costs)
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502005 OFFICE_BRISTOL
Bristol - Corporate headquarters with premium tenant in completely modernized property
Bristol is a leading UK office center and one of the strongest markets outside the center of London. Attractive prime location of the property in the city center in an attractive mixed-use area. The striking property offers approx. 176,611 sq ft (approx. 16,407 m²) of usable space on the ground floor, first floor and 4 upper floors. The sole tenant, a major bank (A+ rating) has carried out £15m of technical, design and energy upgrades. BREEAM 'Excellent'. Annual net rent approximately £5,709,191, WAULT 7.75 years. Fixed rental income until renewal - significant rental uplift potential (currently £32.33 / sq ft - in other prime Bristol locations approximately £48 / sq ft.
Freehold sale 100% of the shares of the seller company (SPV)
Purchase price £70.1m = approx. 8.0% initial yield
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502006 OFFICE_LONDON
London Angel - striking, large premium property - tenant-free
The property is prominently located in the Angel neighbourhood, one of London's most exciting submarkets.
Excellent transport links as it is very close to Angel Underground Station and just one stop from King's Cross, London's best connected transport hub. The property comprises approximately 227,337 sq ft (21,120 m² ) of net internal office, retail and ancillary space spread over three basement floors, the ground floor and six upper floors. The total site extends to 2.21 acres (4,047 m²).
The office space has been partially refurbished/modernized and offers extensive facilities including an impressive auditorium and two squash courts. The property is offered for sale with vacant possession (tenant free). All options for repositioning are open - company headquarters, mix office-retail etc. A purchase at the asking price reflects an extremely attractive capital value of £187 per sq ft.
Freehold asset sale
Purchase price £42.5m minimum (+ SDLT)
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.
2502007 OFFICE_LONDON
London Cheapside - striking, top premium property - good yield
The property is in a prime city center location close to St Paul's Cathedral. It is a 4 minute walk from 4 major transport hubs, namely St Paul's, Bank, Mansion House and Cannon Street stations. The property is one of the most impressive buildings in this location with an attractive historic façade. The net lettable area of 42,441 sq ft (3,943 m² ) is spread over lower basement, basement, ground floor and six upper floors. The building was renovated in the early 1990s behind the existing façade and has benefited from regular internal refurbishments and investment, including a new CAT A/B fit-out on the first and second floors in 2021. 6th floor rental space and 2x retail basement vacant. Let to five office tenants, annual net rent £2,019,954 per annum, equating to just £47.59 per sq ft. WAULT of 2.90 years, break 2.39 years.
Freehold asset sale
Purchase price £24.9m +
Commission 1.0% + VAT.
Detailed documentation with signed NDA if interested in buying.
Please only direct buyer enquiries - no estate agent enquiries.