Guide Price
£18.0m
Net Initial Yield
6.5%
WAULT
4.2 years
Total Area
45,000 sq ft
Tenancy Schedule
Rent Passing: £1.0m | ERV: £1.1m
| Tenant | Demise | Area | Lease Expiry | Break | Rent Passing | £/sq ft | ERV |
|---|---|---|---|---|---|---|---|
| HSBC Bank Plc | Ground & 1st Floor | 15,000 sq ft | 31 Mar 2028 | - | £360k | £24.00 | £390k |
| Irwin Mitchell LLP | 2nd & 3rd Floor | 15,000 sq ft | 31 Aug 2029 | 31 Aug 2024 | £345k | £23.00 | £375k |
| Regus Management Ltd | 4th & 5th Floor | 15,000 sq ft | 31 Dec 2030 | 31 Dec 2025 | £330k | £22.00 | £360k |
| Total | £1.0m | £1.1m | |||||