Freehold office investment for sale in E1, London

This property is marketed by:
Colliers

Excellent connectivity within an 8-minute walk of five underground and railway stations.

Unique glass façade providing excellent natural light to all floors.

Comprises approximately 27,545 sq ft of office and ancillary accommodation arranged over basement, ground, and five uppers floors.

Multi-let to 3 tenants with 66% of the income secured against The Secretary of State for Communities and Local Government. The third floor is currently vacant.

Current passing rent of £760,618 per annum, reflecting £32.81 per sq ft on the let accommodation.

WAULT of 2.82 years to expiries (2.34 years to breaks).

Opportunity to undertake a comprehensive rolling refurbishment.

Potential for 83-85 Mansell St to secure dual office (E) and educational (F1) use classes through planning applications to the London Borough of Tower Hamlets (subject to the necessary consents).