Sector
Leisure
Initial Yield
4.95%
Price
£31,250,000
Sale/Purchase
Purchase
A prime St James's office, retail and leisure long leasehold investment (121 years unexpired) located in London's West End. The property comprises 24,673 sq ft of Grade A offices, 19,289 sq ft of retail and a 20,771 sq ft cinema. The net passing rent is £1,672,791 pa; 54% from the office element and 46% from the retail and leisure.