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68 Pentonville Rd 10,402 SF 100% Leased Office Building London N1 9PR $8,408,268 CAD ($808.33 CAD/SF) 7.56% Cap Rate
Investment Highlights
- Strategically positioned in the heart of Angel
- Total annual income of £362,390, with the Office and Class E accommodation reflecting a highly revisionary rent of £36.79 per sq ft
- Situated less than 300 metres from Angel Underground Station with King’s Cross and St Pancras Stations nearby to the west
Executive Summary
Multi-let investment opportunity. Held on a Virtual Freehold with 993 years unexpired at a peppercorn rent.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
10,402 SF
Building Class
B
Year Built
2017
Price
$8,408,268 CAD
Price Per SF
$808.33 CAD
Cap Rate
7.56%
NOI
$635,665 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,601 SF
Building FAR
1.71
Lot Size
0.14 AC
Amenities
- 24 Hour Access
- Bicycle Storage
- Demised WC facilities
- Natural Light
- Shower Facilities
- Air Conditioning
- Raised Floor System
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68 Pentonville Rd
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