Property description
Ranson UK are delighted to offer a rear opportunity to attain the lease for a five storey building in the City. The property consists of five floors including a basement. The building is situated on the north side of Christopher Street and the East side of Finsbury Square.
This is an excellent investment opportunity as there is potential to convert floors 1-3 into self contained office spaces or studio apartments with the potential to generate an income of up to £35,000 per annum, per floor.
Liverpool Street and Moore Park stations are located within a 5 minute walk from Christopher Street, providing connection to the rest of the capital. The area is well served with local businesses and blue chip companies, bringing the diversity to the area.
Accommodation
Basement, approximately 745sq ft
Ground floor, approximately 582sq ft
First floor, approximately 480sq ft
Second floor, approximately 480sq ft
Third floor, approximately 480sq ft
Total accommodation size: 2767 sq ft approx.
Lease Term/Commencement
Our client wishes to assign a new lease Inside the Act of up to 25 years.
Asking Price
£250,000 £150,000 Premium
Rental
£200,000 per annum
Business Rates
£26,000 per annum
Legal Fees/Cost
Each party are to bear their own legal costs.
Viewings
By prior appointment through Multi selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
Property Features :
- Five story building
- A 5/6 minute walk to Liverpool Street and Moorgate station
- Option to let whole building or individually section
- W.C on every floor
- Potential to convert floor 1- 3