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41-43 Chalton St
London NW1 1JD

The Connolly Works · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Comprising 17,070 sq ft of office accommodation over lower ground, ground and four upper floors
  • Total topped-up rent of £1,136,000 per annum, equating to an overall rent of £66.55 psf
  • Weighted Average Unexpired Lease Term of 10 years to earliest determination and 15 years to expiry
  • Attractive warehouse style office buildings steeped in history, now sensitively modernised for the current occupier
  • Reversionary rental profile when set against the prime King’s Cross / Euston rent of £82.50
  • Potential redevelopment upon lease expiry with historic unexercised planning permission to increase the NIA to 20,060 sq ft

PROPERTY FACTS

Property Type
Office
Building Size
17,070 SF
Building Class
B
Year Built/Renovated
1895/2019
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
2,845 SF
Building FAR
2.15
Lot Size
0.18 AC

AMENITIES

  • Conferencing Facility
  • Security System
  • Storage Space
  • Air Conditioning
  • Listing ID: 29937733

  • Date on Market: 01/11/2023

  • Last Updated:

  • Address: 41-43 Chalton St, London NW1 1JD