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  4. Tower Hamlets, London

50-52 Commercial St, London

under offer

Office for sale

£11,000,000 12,274 sq ft

Tarn & Tarn
Status
Under offer
Highlights
  • Closest underground station with access to both the Hammersmith and City and District lines.
  • centrally within Spitalfields
  • benefits from a mezzanine
Property type

Office for sale Search all

Full address
50-52 Commercial St, London E1 6LT – Tower Hamlets, London
Asking price
£11,000,000
Available space range
There is 1 space available. This measures 12,274 sq ft.
Features
Air conditioning, Bus line, Security system, Accent lighting
Brochure
Download the brochure

Sale details

Sale unit 3878073 Under offer

12,274 sq ft, £896.20 per sq ft, available now

Unit Sale unit 3878073
Address 50-52 Commercial St, London, London, E1 6LT, GB
Size 12,274 sq ft
Price £11,000,000
Price per unit £896.20 per sq ft
  • A purchase at this level reflects a net initial yield of 4.75%, and a low capital value on the nia of £896 per sq ft.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 50-52 Commercial St, London

The investment comprises a Grade II listed five-storey building with additional mezzanine floor located centrally within Spitalfields on the eastern side of Commercial Street. Stretching from Aldgate East to Shoreditch, Commercial Street has become the financial district of the city to the tech hub of the Silicon Roundabout. The building is fully let to two strong covenants: national charity Crisis UK occupy the ground floor on a long lease expiring 2030. Upper floors fully let to computer training college Makers Academy until 2020.

Number of storeys
5
Rentable building area
12,274 sq ft
Year built
1890
Utilities
Lighting
Parking
Surface, Covered

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in Tower Hamlets, London.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Tarn & Tarn. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Tarn & Tarn for full details and further information.