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Ariel House 74A Charlotte St

21,948 SF 100% Leased Office Building London W1T 4QJ £33,250,000 (£1,515/SF) 4.74% Net Initial Yield

Investment Highlights

  • Freehold building in one of London’s most dynamic locations.
  • Prominent position with frontages to both Charlotte Street and Charlotte Mews.
  • Fully refurbished floors generating an income of £1,683,800 per annum

Executive Summary

· Immediate opportunity to enhance rental income.
· Roof terrace on the 6th floor with potential for significant additional terracing, subject to planning

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
21,948 SF
Building Class
B
Year Built
1990
Price
£33,250,000
Price Per SF
£1,515
Net Initial Yield
4.74%
NOI
£1,576,050
Percent Leased
100%
Tenancy
Multiple
Number of Floors
8
Typical Floor Size
2,212 SF
Building FAR
2.96
Lot Size
0.17 AC
Parking
8 Spaces (0.32 Spaces per 1,000 SF Leased)

Amenities

  • Raised Floor
  • Security System
  • Bicycle Storage
  • Demised WC facilities
  • Lift Access
  • Suspended Ceilings
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 2,070 SF
  • Office
  • Partial Build-Out
  • 30 Days

Ariel House offers newly refurbished office accommodation in a highly specified building, from 2,092 – 6,637 sq ft over the lower ground and second floor. The reception is about to undergo refurbishment, creating a contemporary new arrival experience.

Space Size Space Use Condition Available
Ground 2,070 SF Office Partial Build-Out 30 Days

Ground

Size
2,070 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

Ground

Size 2,070 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

Ariel House offers newly refurbished office accommodation in a highly specified building, from 2,092 – 6,637 sq ft over the lower ground and second floor. The reception is about to undergo refurbishment, creating a contemporary new arrival experience.

  • Listing ID: 33661369

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 74A Charlotte St, London W1T 4QJ

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