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Clive House 66-70 Petty France 92,000 sq ft 100% Let Office Property London SW1H 9HE £70,000,000 (£760.87/sq ft) 7.06% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Close to St Jame's Park Underground Station
- Nearby cafes, bars and restaurants
- Heavy daytime foot traffic
EXECUTIVE SUMMARY
Exceptional opportunity for refurbishment, re-development or for change of use to a headquarters office development or a luxury hotel or residential. The property is for sale seeking in excess of £70 million or a net initial yield of 7.06%.
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
92,000 sq ft
Costar Property Class
B
Year Built/Renovated
1930/2005
Price
£70,000,000
Price per sq ft
£760.87
Yield
7.06%
NOI
£4,942,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
10,222 sq ft
Plot ratio
4.59
Total Plot Size
0.46 ac
AMENITIES
- Security System
- Kitchen
- EPC - C
- Storage Space
- Demised WC facilities
- Lift Access
- Food Service
- Open-Plan
- Suspended Ceilings
- Air Conditioning
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Clive House | 66-70 Petty France
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