12 & 12A Argyle Walk- Tankerton Works 2 Office Properties Offered at £2,000,000 in London

INVESTMENT HIGHLIGHTS

  • Freehold investment for sale
  • 5 suites, 4 occupied to 3 tenants
  • Current income of £86,165 PA | average of £48.85 per sq. ft.
  • 2,685 sq. ft net internal | 3,244 sq. ft gross internal
  • 1 vacant suite
  • £114,000 PA total estimated income upon lease of vacant suite

EXECUTIVE SUMMARY

An opportunity to purchase a small investment property in a central yet quiet King’s Cross location.
Tankerton Works is a former Victorian era stable block that was sympathetically reconstructed as offices approximately 15 years ago and has its accommodation arranged over basement, ground and first floors. 3 tenants occupy 4 suites with 1 unoccupied suite.
Current income of £84,000 PA
Total income of £114,000 PA upon leasing of vacant suite
Offers in the region of £2,000,000

PROPERTY FACTS

Price £2,000,000
Price / SF £744.88 / SF
Net Initial Yield 4.20%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,685 SF
Total Land Area 0.07 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Tankerton Walks
12 Argyle Walk, London WC1H 8HA
Office 2,404 SF 1986 -
Office
12A Argyle Walk, London WC1H 8HA
Office 281 SF - -
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  • Listing ID: 34974867

  • Date on Market: 28/02/2025

  • Last Updated:

  • Address: 12 & 12A Argyle Walk- Tankerton Works, London, LND