Investors Wanted for Selection of Off-Market Commercial Properties – (Ref. RSS/CA)
A selection of off-market commercial properties are available with great upside and development potential within London, Norwich and Derby, as follows:-
Mayfair/Soho Commercial Property: Offices & Retail 16k sq ft currently under construction and due for completion in September 2017. Expected sale price: £42m – £45m.
Farringdon: Just 2 mins from Farringdon tube, which will become the busiest interchange in Europe when Crossrail opens next year. 18k sq ft, producing a net income after all costs of just over £1m pa. Asking price: £30m
Commercial property, 13.7k sq ft NIA equating to £116 per sq ft. Part let 500 sq ft achieving £13k pa (£26 per sq ft). Target investment level of £1.595m
Commercial building 32.8k sq ft NIA equating to £108.38 per sq ft. Target investment level: £3.560m
Further information and details upon request.
Reference No: RSS/CA