7-11 Longmoore Street Victoria SW1 – Income Opportunity, 5.81%.
7-11 Longmoore Street, Victoria, London SW1V 1JH
1,635 Sq. Ft.
Lower Ground Floor
4,381 Sq. Ft.
Levy Real Estate and LDG Commercial are pleased to bring to market this well located income investment in Victoria.
- Let to well established tenant: The Belgravia Trichological Group Ltd.
- Just under 7 years unexpired term.
- Self-contained office unit comprising ground and lower ground floors, refurbished to CAT A in 2017.
- Passing rent of £295,000 Per Annum (£49.00 per sq. ft. blended) on a lease that runs to 1st September 2027 with a rent review in February 2023 with no break options.
- Property held on a long lease of 999 years from 20th February 2017 at a peppercorn rent
- Offers are invited in excess of £4,750,000 subject to contract and exclusive of VAT reflecting a NIY of 5.81% and a capital value of £789.00 per sq. ft