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123 Minories 4,700 sq ft 49% Let Office Property London EC3N 1NT £5,950,000 (£1,265.96/sq ft) 5.55% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Great Location
  • Bicycle storage
  • Shower room

EXECUTIVE SUMMARY

For sale is a freehold multi let investment office building. Ideal owner occupier or residential development opportunity. The Freehold interest in the property is for sale at GBP £5,950,000. The property is EPC B, valid to 2033. Recently refurbsihed reception and meeting room. Offering 2 large upper floor terraces.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
4,700 sq ft
Costar Property Class
B
Year Built/Renovated
1957/2024
Price
£5,950,000
Price per sq ft
£1,265.96
Yield
5.55%
NOI
£330,000
Occupancy Rate
49%
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
960 sq ft
Plot ratio
3.60
Total Plot Size
0.03 ac

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Signage
  • Reception
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • APC London Market
  • Finance and Insurance
  • 99,999 SF
  • -
  • -
  • Real Estate
  • 99,999 SF
  • -
  • -
  • Sea Dock Marine Agencies
  • Manufacturing
  • 99,999 SF
  • -
  • -
  • Sumitomo Warehouse
  • Transportation and Warehousing
  • 99,999 SF
  • -
  • -
  • Construction
  • 99,999 SF
  • -
  • -

We help people & companies that don’t have the time and/or experience/knowledge to deal with their lift issues/projects in a timely and/or cost efficient manner. From surveys on individual lifts to managing multi-million pound lift contracts our involvement varies widely. We work with all aspects of escalators also, whether modernisation, maintenance, replacement or new installation

TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
APC London Market Finance and Insurance 99,999 SF - -
Real Estate 99,999 SF - -
Sea Dock Marine Agencies Manufacturing 99,999 SF - -
Sumitomo Warehouse Transportation and Warehousing 99,999 SF - -
Construction 99,999 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Basement
  • 440 sq ft
  • Office
  • Partial Fit-Out
  • Now

Lower ground floor office suitable for studio, gallery or office space with natural day light and shower room.

  • Ground
  • 275 sq ft
  • Office
  • Full Fit-Out
  • Now

Flexible Leases, both All-inclusive leases available for fully modernized office space with 6 desk layout or can be let on a traditional outside the act basis.

  • 1st Fl-Ste East
  • 460 sq ft
  • Office
  • Full Fit-Out
  • Now

Fully modernized office space available with a 10 desk layout and meeting table. Gets good natural daylight from the east facing windows and is air conditioned.

  • 1st Fl-Ste West
  • 460 sq ft
  • Office
  • Full Fit-Out
  • Now

All-inclusive leases available for fully modernized office space available with a 10 desk layout and meeting table. Gets good natural daylight from the east facing windows and is air conditioned.

  • 4th Floor
  • 750 sq ft
  • Office
  • Full Fit-Out
  • Now

123 Minories is a high quality office building, housing a variety of tenants, including IT consultants, lift consultants, shipping consultants and project managers. The Freeholder has incorporated important features, such as high speed fibre, shower room, bicycle storage, meeting room with video conference capability (for hire). The building also benefits from a commissionaire (Monday-Friday). 123 Minories is enabled with a high speed fibre connection. £73,000 /annum inclusive of rent, rates, service charge, insurance, small power and fibre.

Space Size Space Use Condition Available
Basement 440 sq ft Office Partial Fit-Out Now
Ground 275 sq ft Office Full Fit-Out Now
1st Fl-Ste East 460 sq ft Office Full Fit-Out Now
1st Fl-Ste West 460 sq ft Office Full Fit-Out Now
4th Floor 750 sq ft Office Full Fit-Out Now

Basement

Size
440 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground

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

1st Fl-Ste East

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

1st Fl-Ste West

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

4th Floor

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

Basement

Size 440 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Lower ground floor office suitable for studio, gallery or office space with natural day light and shower room.

Ground

Size 275 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Flexible Leases, both All-inclusive leases available for fully modernized office space with 6 desk layout or can be let on a traditional outside the act basis.

1st Fl-Ste East

Size 460 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

Fully modernized office space available with a 10 desk layout and meeting table. Gets good natural daylight from the east facing windows and is air conditioned.

1st Fl-Ste West

Size 460 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

All-inclusive leases available for fully modernized office space available with a 10 desk layout and meeting table. Gets good natural daylight from the east facing windows and is air conditioned.

4th Floor

Size 750 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

123 Minories is a high quality office building, housing a variety of tenants, including IT consultants, lift consultants, shipping consultants and project managers. The Freeholder has incorporated important features, such as high speed fibre, shower room, bicycle storage, meeting room with video conference capability (for hire). The building also benefits from a commissionaire (Monday-Friday). 123 Minories is enabled with a high speed fibre connection. £73,000 /annum inclusive of rent, rates, service charge, insurance, small power and fibre.

  • Listing ID: 35885210

  • Date on Market: 16/05/2025

  • Last Updated:

  • Address: 123 Minories, London EC3N 1NT

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