42-46 Clerkenwell Clos - Office CONDO FOR SALE


London, LND EC1R 0AZ
$950,000 USD
208-971-4994
42-46 Clerkenwell Clos, London, LND for Sale
$950,000 USD
Office CONDO - FOR SALE
1/5
null | 9.29% Cap Rate

42-46 Clerkenwell Clos
London, LND EC1R 0AZ


HIGHLIGHTS

  • Best Bids are to be received by 12 Noon, Friday 14th February 2025
  • Less than 500m from Farringdon station - vibrant location
  • Character building comprising offices arranged over 4 floors
  • Long lease at peppercorn rent - 90 years unexpired
  • Single let to The Museums Association until 28th September 2031 with no breaks at £40.58 per sq. ft
  • Net initial yield 9.29% assuming purchaser's costs of 5.39%

OVERVIEW

Office Long Leasehold Investment. Offers in excess of £950,000. Less than 500m from Farringdon station. Character building in a vibrant location. Single let with total rent passing of £93,000 pa.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

9.29%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

7,526 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

AGL397526,NGL648133,NGL648134,NGL733286

ASK ABOUT THIS PROPERTY

Stewart RolfeAndrew Scott RobertsonMore Info
208-971-4994

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Stewart RolfeAndrew Scott RobertsonMore Info
208-971-4994

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