11 Burford Rd | London E15 2ST
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11 Burford Rd
London E15 2ST
Burford Road Business Centre · Office Property For Sale
Investment Highlights
- Situated on the west side of Burford Road
- Excellent transport links
- Located to the south of the centre of Stratford and Stratford station
Executive Summary
Comprising office investment arranged over five floors with associated terracing and outdoor spaces.
The property is currently divided into 64 office suites of which 62 are let mainly on 12 month licenses.
The current overall passing rent is £2,052,535 per annum, which reflects an average desk rate of £300 per desk per calendar month.
The property is currently divided into 64 office suites of which 62 are let mainly on 12 month licenses.
The current overall passing rent is £2,052,535 per annum, which reflects an average desk rate of £300 per desk per calendar month.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
33,243 SF
Building Class
B
Year Built
2004
Price
$18,891,058
Price Per SF
$568
Cap Rate
8.12%
NOI
$1,533,954
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,649 SF
Building FAR
3.82
Lot Size
0.20 AC
Parking
10 Spaces (0.3 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Raised Floor
- Security System
- Kitchen
- Energy Performance Rating - B
- Reception
- Roof Terrace
- Bicycle Storage
- Fully Carpeted
- Direct Elevator Exposure
- Recessed Lighting
- Shower Facilities
- Drop Ceiling
- Air Conditioning
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