95 Southwark St | London SE1 0HX
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95 Southwark St
London SE1 0HX
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Freehold office in core South Bank location
- Located a short walk from Southwark Underground and London Bridge stations and 3 minutes from the Tate Modern and the River Thames
- Multi let to 6 tenants with WAULTs of 2 years to expiries and 1.4 years to breaks
- Highly prominent corner position at the junction of Southwark Street and Great Suffolk Street opposite the Blue Fin Building
- Grade A specification with modern exposed services
- Current passing rent of £911,997 pa reflects just £54.07 psf overall
EXECUTIVE SUMMARY
The property comprises a converted Victorian warehouse with frontages to two well known Southwark streets. It is arranged over lower ground, ground and 4 upper floors and has been subject to significant floor by floor refurbishments in recent years and now provides high quality Grade A space. Floor to ceiling heights are generous throughout and large window openings on three elevations provide high levels of natural light. There are generous terraces on the 2nd and 5th floors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
16,864 SF
Building Class
B
Year Built/Renovated
1850/2015
Price
£11,250,000
Price Per SF
£667
Net Initial Yield
7.60%
NOI
£855,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
2,811 SF
Building FAR
5.53
Lot Size
0.07 AC
AMENITIES
- 24 Hour Access
- Bus Route
- Raised Floor
- Security System
- Accent Lighting
- Roof Terrace
- Storage Space
- Air Conditioning
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