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16-18 New Bridge St 21,141 SF 94% Leased 4-Star Office Building London EC4V 6AG $24,024,345 ($1,136.39/SF) 6.87% Cap Rate
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
Building Size
21,141 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1800/2009
Price
$24,024,345
Price Per SF
$1,136.39
Cap Rate
6.87%
NOI
$1,650,473
Percent Leased
94%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
2,885 SF
Building FAR
3.47
Lot Size
0.14 AC
AMENITIES
- Bus Line
- Convenience Store
- Raised Floor
- Security System
- Storage Space
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE 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 SF | Office | Full Build-Out | Now |
6th Floor
| Size |
| 1,363 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6th Floor
| Size | 1,363 SF |
| Space Use | Office |
| Condition | Full Build-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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