Sector
Offices
Initial Yield
Portfolio
Price
Portfolio
Sale/Purchase
Purchase
A freehold retail, restaurant and office investment located in Covent Garden. The property comprises four retail/restaurant units on ground and basement level totalling 5,879 sq ft and five floors of offices above totalling 14,302 sq ft.
The property is let to 17 tenants at a passing rent of £779,965 pa; 50.4% from the retail element and 49.5% from the offices.
The property was acquired as part of the Covent Garden Portfolio.