long leasehold sale and leaseback ground floor, 33-37 university ...
LONG LEASEHOLD SALE AND LEASEBACK GROUND FLOOR, 33-37 UNIVERSITY STREET, LONDON WC1 4,926 SQ FT (457 SQ M)
Location The property is located in a prominent position on the corner of Tottenham Court Road and University Street, Bloomsbury, London. The ground floor unit is accessed via a self-contained entrance on University Street. Nearby Underground stations include: Warren Street - Victoria and Northern lines Goodge Street – Northern line Euston Square – Metropolitan, Hammersmith and Circle lines Great Portland Street - Metropolitan, Hammersmith and Circle lines
Accommodation A self-contained ground floor office comprising: Floor
Size, sq ft (sq m)
Ground
4,926 (457)
Amenities
Suspended Ceiling Perimeter Trunking 2 x Kitchens Meeting Rooms
Solid Floors Self-Contained Entrance Air Cooling Private Offices
Tenure A long leasehold expiring 20th March 2108 (91 years) at a peppercorn rent.
Lease A new 5 year occupational lease is to be granted to Changing Faces at a rent of £35.00 per sq ft per annum exclusive. Changing Faces is a charity which supports and represents people who have conditions or injuries which affect their appearance. Covenant information available on request.
Price Offers are sought in excess of £3.5 million plus VAT for the long leasehold interest. This reflects a net initial yield of 4.61% net of purchaser’s costs of 6.80%
EPC Rating – E 116
Viewings For further information or to arrange a viewing please contact:NEIL WARWICK DDI: 020 7643 1531 [email protected]
ISABEL PARKER DDI: 020 7643 1532 [email protected]
ED GODFREY DDI: 020 7643 1508 [email protected]
www.kinneygreen.com February 2017
Location The property is located in a prominent position on the corner of Tottenham Court Road and University Street, Bloomsbury, London. The ground floor unit is accessed via a self-contained entrance on University Street. Nearby Underground stations include: Warren Street - Victoria and Northern lines Goodge Street – Northern line Euston Square – Metropolitan, Hammersmith and Circle lines Great Portland Street - Metropolitan, Hammersmith and Circle lines
Accommodation A self-contained ground floor office comprising: Floor
Size, sq ft (sq m)
Ground
4,926 (457)
Amenities
Suspended Ceiling Perimeter Trunking 2 x Kitchens Meeting Rooms
Solid Floors Self-Contained Entrance Air Cooling Private Offices
Tenure A long leasehold expiring 20th March 2108 (91 years) at a peppercorn rent.
Lease A new 5 year occupational lease is to be granted to Changing Faces at a rent of £35.00 per sq ft per annum exclusive. Changing Faces is a charity which supports and represents people who have conditions or injuries which affect their appearance. Covenant information available on request.
Price Offers are sought in excess of £3.5 million plus VAT for the long leasehold interest. This reflects a net initial yield of 4.61% net of purchaser’s costs of 6.80%
EPC Rating – E 116
Viewings For further information or to arrange a viewing please contact:NEIL WARWICK DDI: 020 7643 1531 [email protected]
ISABEL PARKER DDI: 020 7643 1532 [email protected]
ED GODFREY DDI: 020 7643 1508 [email protected]
www.kinneygreen.com February 2017
