Office for sale 251 Pentonville Road, London

£6,750,000.00
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OFF-960

£1158.80 per sq. ft.

Key features

  • Prime King's Cross Freehold
  • Total rent passing of £338,785 per annum equating to £58.16 per sq. ft.
  • The overall WAULT across the building is 6.00 years to expiries and 5.26 years to breaks
  • Offers invited in excess of £6,750,000 subject to contract and exclusive of VAT.
  • Reflecting a Capital Value of £1,159 per sq. ft. and NIY of 4.71% (assuming purchasers costs of 6.64%)
  • Less than 5 minutes walk from King's Cross St. Pancras

Property description

Description
251 Pentonville Road is a multi let, mixed use former warehouse building, offering media style office accommodation from 1st to 4th floors and restaurant accommodation on the Ground and Lower ground floors. The building was comprehensively redeveloped in 2012, designed by Hut Architecture. Recently,
the offices have undergone rolling asset management, offering fully fitted office space.

Location
251 Pentonville Road is located at the eastern edge of Kings Cross occupying a prominent position at the fork of Pentonville and Kings Cross Roads.

The building is situated 320 metres to the east of the main entrance of Kings Cross St. Pancras International Rail Station (Underground, National Rail and
Eurostar).

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