35 Great Smith Street , Victoria, London SW1
Single let to the UK Government, who have occupied the building for over 34 years with the Cabinet Office occupying for over 21 years.
Mission critical building for the Cabinet Office due to its proximity to 10 Downing Street, Houses of Parliament and 70 Whitehall.
The tenant has just completed a full refurbishment of the entire building.
Office building over lower ground, ground and four upper floors totalling 31,850 sq ft NIA
WAULT to expiry of 10 years with 5 years to break.
Total passing rent of £1,607,500 per annum, reflecting a low overall rent of just £50.47psf
Prime Victoria rents are achieving in excess of £100 per sq ft.
Virtual Freehold.
Long term development potential, with John Robertson Architects having carried out a feasibility study for an additional 15% massing.
Significant award winning developments in the immediate vicinity continue to evolve a location which is rich in cultural heritage.
Offers are invited for 100% of the issued share capital of the UK SPV in which the asset is held
Contact
Please contact us for further information regarding any of the acquisitions on our site.
Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com
Freddie Dade
07929 321 709
freddiedade@tydusre.com
Will Elphinstone
07876 131 346
willelphinstone@tydusre.com