1. Realla
  2. Commercial property for sale
  3. London
  4. Bassishaw
Analyse market data for Bassishaw

Commercial properties for sale in Bassishaw

Save search

2 commercial properties

  1. 11 Ironmonger Lane, London EC2V 8EY

    For sale

    £18,200,000

    1,933 to 3,012 sq ft

    • Air conditioning
    • Grade II
    • Lift
    • Modern
    • Raised floor

    Freehold.
    • Core City of London location, approximately 150 metres away from the Bank of England and in close proximity to other notable landmarks, including The Royal Exchange, Mansion House, Guildhall and St Paul's Cathedral.
    • Situated between two of the City's most famous streets: Gresham Street and Cheapside.
    • Grade II listed.
    • The property comprises 20,326 sq ft (1,888.3 sq m) of modern office, reception and ancillary accommodation behind an attractive, period façade, arranged over basement, ground and six upper floors.
    • The building provides regular-shaped, well-lit floorplates ranging from 1,933 sq ft to 3,012 sq ft.
    • Multi let to six tenants from a variety of different sectors.
    • The property has a WAULT of 4.3 years to lease expiries and 2.0 years to breaks.
    • The tenancies produce a total rent of £978,281 per annum (inclusive of vendor top ups), equating to an attractive low passing rent of only £50.48 per sq ft overall. This compares favourably to prime City rents which are currently in excess of £65.00 per sq ft.
    • All leases are held outside of the security of tenure and compensation provisions of the Landlord and Tenant Act 1954.
    • Potential asset management opportunities in the short to medium term to add value and enhance the running yield.
    • We are instructed to seek offers in excess of £18,200,000 (Eighteen Million, Two Hundred Thousand Pounds), subject to contract and exclusive of VAT, for the freehold interest. A purchase at this level reflects an attractive net initial yield of 5.03% and a capital value of £895 per sq ft, assuming purchaser's costs of 6.80%.

    Contact
  2. Site At 12-14, The Avenue, Totland

    Land for sale

    0.32 acres

    • Car park
    • Semi-detached office

    Rare opportunity to acquire a site with planning permission for 3 x semi-detached houses
    • The houses all have planning for gardens and parking
    • Site benefits from planning permission TCP/13460/H
    • For Sale with offers invited "in the region of" £180,000 for the site for the 3 x semi-detached houses

    Contact