Marketed by
Bidwells
London
25 Old Burlington St, London W1S 3AN
New
1 of 3
Key features
- The retail and commercial space totals 17,849 sq ft (1,658.23 sq m) with 10 allocated car parking spaces.
- Site area of 0.715 acres (0.290 hectares)
- Multi-let to four tenants including Mishcon de Reya LLP, Raymond James Wealth Management, Tesco Stores Ltd and Gail’s Ltd
- The properties provide an AWULT of 8.07 years to expiry and 6.36 years to break based on the commercial income
- Total rent of £917,137 per annum, exclusive
- Potential reversion based on our opinion of ERV to £1,063,110 per annum exclusive
- Offers are sought in excess of £13,500,000 (thirteen million, five hundred thousand pounds) for the freehold and long leasehold interest (the latter via a transfer of shares in 3 & 4 Station Square Management Company Ltd) subject to contract and exclu...
Description
The property comprises two separate mixed use buildings arranged over basement, ground and seven/eight upper floors. The combined basement provides 72 car parking spaces via two car lifts and 190 cycle spaces, with 2.2m clear headroom. A further 28 cycle spaces are provided externally. The site is situated on the south side of Station Road opposite the Cambridge train station main entrance. Pedestrian, cycle and vehicle access is via Station Road.
Reference: 428702_sales
Marketed by
Bidwells
London
25 Old Burlington St, London W1S 3AN
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