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16-18 New Bridge St 21,141 sq ft 94% Let 4-Star Office Property London EC4V 6AG £18,000,000 (£851.43/sq ft) 6.87% Net Initial Yield
INVESTMENT HIGHLIGHTS
- the building is strategically positioned just to the south of the junction of Ludgate Circus
- The building is multi-let to four office tenants and two retail tenants on leases with breaks and expiries between Jan 2026 and March 2033.
- Excellent transport connections, with Blackfriars (1 min), City Thameslink (2 mins), St Paul's (9 mins) and Farringdon stations
EXECUTIVE SUMMARY
An attractive and highly prominent corner building providing regular floorplates and excellent levels of natural light. The building comprises 23,083 sq ft (2,144.5 sq m) of office, retail and ancillary accommodation arranged over lower ground, ground and six upper floors. The regular shaped floorplates typically provide approximately 3,150 sq ft and benefit from excellent natural light.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
21,141 sq ft
Costar Property Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1800/2009
Price
£18,000,000
Price per sq ft
£851.43
Yield
6.87%
NOI
£1,236,600
Occupancy Rate
94%
Tenancy
Multiple
Number of Floors
8
Typical Floor Size
2,885 sq ft
Plot ratio
3.47
Total Plot Size
0.14 ac
AMENITIES
- Bus Route
- Local Shop
- Raised Floor
- Security System
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The floor is accessed via a manned reception with two passenger lifts up to the floor.
| Space | Size | Space Use | Condition | Available |
| 6th Floor | 1,363 sq ft | Office | Full Fit-Out | Now |
6th Floor
| Size |
| 1,363 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6th Floor
| Size | 1,363 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The floor is accessed via a manned reception with two passenger lifts up to the floor.
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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16-18 New Bridge St
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