For Sale
Office for sale in Broadway Chambers, Broadway Chambers, 2 Broadway, London
Overview
- Shop, Commercial
Description
little more about the property
• Virtual Freehold with 992 years unexpired.
• Located in the heart of Stratford, adjacent to the Queen Elizabeth Olympic Park.
• Exceptional connectivity being within 250m of Crossrail ‘The Elizabeth Line’ at Stratford Station, which opened in May 2022.
• A prominent corner building at the junction of Broadway and Great Eastern Road.
• 16,726 sq ft (1,553.9 sq m) of Grade A offices over ground and two upper floors.
• Single-let to Vistry Partnerships Limited until December 2027 (5.6 years unexpired).
• Passing rent of £550,000 per annum, equating to a low overall rent of £32.88 per sq ft.
• An upwards-only rent review in January 2023, providing the opportunity for a significant rental uplift
Property features
Net Initial Yield 5.63%
Investment
Address
- Address Broadway Chambers, 2 Broadway, London, E15
- City London
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Details
Updated on November 15, 2023 at 6:58 am- Price: $9,600,000
- Property Type: Shop, Commercial
- Property Status: For Sale
Features
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