Lutron House, Sovereign Close, Wapping E1W

Key Details

Status
Recent Transactions
Type
Commercial

Overview

  • Successful sale achieved of a long-leasehold office building, benefitting from B1 use.
  • Subject property measured c.3,217sqft, with the space laid out over 2 floors (ground and first).
  • The office was subject to a long lease that has 131 years unexpired.
  • Unit was ideally located just 0.3 miles from Shadwell station and just over 2 miles from the City of London. 
  • Following a full marketing campaign being launched we secured a sale for £1,150,000  (£358psf) to an owner occupier who will be running their renewal energy business from the property.
  • We acted on behalf of a USA based family trust on a sole agency basis.

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