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Clive House 66-70 Petty France 92,000 SF 100% Leased Office Building London SW1H 9HE $93,267,424 ($1,013.78/SF) 7.06% Cap Rate
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
Building Size
92,000 SF
Building Class
B
Year Built/Renovated
1930/2005
Price
$93,267,424
Price Per SF
$1,013.78
Cap Rate
7.06%
NOI
$6,584,680
Percent Leased
100%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
10,222 SF
Building FAR
4.59
Lot Size
0.46 AC
AMENITIES
- Security System
- Kitchen
- Energy Performance Rating - C
- Storage Space
- Demised WC facilities
- Direct Elevator Exposure
- Food Service
- Open-Plan
- Drop Ceiling
- Air Conditioning
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Clive House | 66-70 Petty France
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