8-14 Verulam St | London WC1X 8LZ
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8-14 Verulam St
London WC1X 8LZ
Peer House · Office Property For Sale
Investment Highlights
- Prime Central London location, where Midtown meets Farringdon, two of London’s most diverse and historic submarkets
- Excellent local amenities
- Exceptional transport connectivity within a four minute walk of Chancery Lane Underground station and eight minutes from Farringdon station which bene
Executive Summary
The property has been fully modernised on a rolling basis to provide approximately 9,669 sq ft (898 sq m) high-quality Grade A office and ancillary accommodation arranged over lower ground, ground and four upper floors, overlooking the attractive Verulam Gardens
Offers are invited in excess of £6,000,000 for the freehold interest subject to contract, reflecting a net initial yield of 7.43% (assuming 6.68% purchaser’s costs) and a low capital value of £621 per sq ft
Offers are invited in excess of £6,000,000 for the freehold interest subject to contract, reflecting a net initial yield of 7.43% (assuming 6.68% purchaser’s costs) and a low capital value of £621 per sq ft
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
9,669 SF
Building Class
B
Year Built
1991
Price
$7,604,563
Price Per SF
$786
Cap Rate
7.43%
NOI
$565,019
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
1,586 SF
Building FAR
3.17
Land Acres
0.07 AC
Amenities
- 24 Hour Access
- Raised Floor
- Security System
- Kitchen
- Accent Lighting
- Energy Performance Rating - B
- Bicycle Storage
- Common Parts WC Facilities
- Direct Elevator Exposure
- Perimeter Trunking
- Recessed Lighting
- Secure Storage
- Air Conditioning
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