Property Information
Address:
Wonderberry House, 41-43 Saffron Hill, London, Greater London
, EC1N 8FH
, Greater London
, United Kingdom
Price: Property no longer available.
Size: 1758 sq ft163 sqm
Primary Category: Investment
All Categories:
Investment, Office,
Property Ref/Movehut: MH655415
Property Ref/Agent: 1001349
*Please use the agent ref when calling the agent directly.
Property description
Description
This new investment opportunity comprised of high-quality office space over the ground and lower ground floor only. The ground and lower ground floors offer a large open plan space with high ceilings and partitioned meeting rooms. The ground floor also benefits from having an abundance of natural light.
NEW INVESTMENT OPPORTUNITY
Location
The property is prominently positioned on Saffron Hill, just off the busy Farringdon road and in close proximity to its junction with Clerkenwell Road. The property benefits from excellent transport links with Farringdon station just a minutes walk away, providing easy access to both Underground and National Rail lines. Farringdon Road also provides access to various bus routes which gives access to areas such as
Waterloo and Dulwich Village. The unit is in close proximity to multiple successful retailers such as KFH, Tesco express and Costa Coffee.
Size Notes
Ground floor:
1,033 Sq Ft /
95.97 Sqm
Lower Ground floor:
725 SqFt /
67.35 Sqm
Total:
1,758 SqFt / 163.32 Sqm
Price Description
WE ARE INSTRUCTED TO SEE OFFERS IN THE REGION OF £1.3 MILLION FOR THE FREEHOLD.
EPC
55 - C
The office is occupied by Red Construction Group Limited on a reversionary outside the LTA 1954 lease expiring August 2024. The passing rent is £56,100 per annum. There is also a rent review on the 3rd of August 2022 and 2023. The freehold also benefits from a total of £1,600 pa ground
rent from 8 flats to the upper floors, sold off on long leaseholds. TOTAL INCOME £57,700 pa.
;