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57-59 Great Suffolk St 9,786 sq ft 91% Let Office Property London SE1 0BB £5,000,000 (£510.93/sq ft) 10.08% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Grade A specification offices.
  • Central South Bank location – within a 3 minutes walk from Southwark Underground station (Jubilee Line)
  • Fantastic views.

EXECUTIVE SUMMARY

Available for sale on 999 year peppercorn leases from January 2004.
Guide price £6.3 million, reflecting 8.00% (assuming purchaser’scosts of 6.80%) and a low capital value of £644 per sq ft

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Office / Residential
Property Size
9,786 sq ft
Costar Property Class
B
Year Built/Renovated
2007/2023
Price
£5,000,000
Price per sq ft
£510.93
Yield
10.08%
NOI
£504,000
Occupancy Rate
91%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
1,087 sq ft
Floor To Floor Height
9 ft
Plot ratio
1.25
Total Plot Size
0.18 ac

AMENITIES

  • Controlled Access
  • Raised Floor
  • Kitchen
  • Atrium
  • Demised WC facilities
  • High Ceilings
  • Lift Access
  • Open-Plan
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 930 sq ft
  • Office
  • Full Fit-Out
  • Now

The available suite comes with its own WCs, kitchen, informal meeting area and work stations. The office has very high ceilings and excellent natural light. The ground floor also has its own private entrance making the unit self-contained. New Leases available on terms by arrangement.

Space Size Space Use Condition Available
Ground 930 sq ft Office Full Fit-Out Now

Ground

Size
930 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

Ground

Size 930 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

The available suite comes with its own WCs, kitchen, informal meeting area and work stations. The office has very high ceilings and excellent natural light. The ground floor also has its own private entrance making the unit self-contained. New Leases available on terms by arrangement.

  • Listing ID: 38319891

  • Date on Market: 13/03/2025

  • Last Updated:

  • Address: 57-59 Great Suffolk St, London SE1 0BB

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