Site last updated Jul 20, 2010
blue box
9 Alie Street, London E1
 
Investment Sales

Office Investment

Price: £ 14,500,000

Subject to contract
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    • 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%.
   
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