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.