Investment Sales
Office Investment
Price: £ 14,500,000
Subject to contract
Download brochure |
- The property is located on Alie Street, between Leman Street and Mansell Street and benefits from excellent public transport links via Aldgate, Aldgate East and Tower Hill underground station.
- Approximately 28,000 sq ft (2,601 sq m) of good quality office accommodation arranged over lower ground, ground and 5 upper floors with 3 covered car parking spaces to the rear.
- Let to excellent covenant £ Arthur J Gallagher (UK) Ltd (guaranteed by Arthur J Gallagher & Co)
- Current income of £ 963,210 pa with 7 years unexpired.
- Offers in excess of £ 14,500,000 (Fourteen Million Five Hundred Thousand Pounds) subject to contract. This reflects a net initial yield of 6.28% after allowance for purchasing costs of 5.7625%.
|