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68 Pentonville Rd 10,402 SF 100% Leased Office Building London N1 9PR $8,369,606 CAD ($804.62 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
$8,369,606 CAD
Price Per SF
$804.62 CAD
Cap Rate
7.56%
NOI
$632,742 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
- Raised Floor
- Bicycle Storage
- Demised WC facilities
- Natural Light
- Shower Facilities
- Air Conditioning
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68 Pentonville Rd
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