LONDON W10

AWARD WINNNING FREEHOLD OFFICE SUITABLE FOR INVESTORS AND OWNER OCCUPIERS

• New office development located on the Grand Union Canal in London's Zone 2, and within walking distance from Ladbroke Grove and Kensal Rise stations.

• The property comprises of two highly specified office buildings, the Dock, built in 2020, and the Studio, fully refurbished in 2018.

• Modern, fit for purpose offices requiring no capital expenditure, totalling 86,040 sq. ft. with flexible floor plates ranging from 554 sq. ft. to 14,121 sq. ft. The accommodation includes exceptional amenity provisions with space for 132 bicycles, shower and changing facilities, and dedicated space for an on-site café.

• 'Best in Class' asset having won numerous awards and boasts excellent ESG credentials rated BREEAM 'Excellent' and WiredScore 'Platinum'.

• Predominantly vacant, the property offers space to suit modern occupational needs. The Studio is let in part to Emilia Wickstead on a 5 year lease from 2022 at £37 per sq. ft. 

• Opportunity to purchase a new development at a significant discount to construction cost.

• Ability to maximise returns through letting the vacant space on achievable ERVs.

• Freehold.

• We are instructed to seek offers in excess of £25,000,000 (Twenty Five Million Pounds) subject to contract and exclusive of VAT.

• A purchase of this level reflects a low capital value of £290 per sq. ft.