130 City Road, London EC1V 2NW



130 City Road, London EC1V 2NW

  • Price£11,250,000
  • Income£719,985
  • Yield6%
  • SectorOffice
  • StatusAvailable

Prime Freehold London Investment In the Heart Of Old Street


  • Located on City Road within the heart of Old Street and the Tech City Quarter
  • Situated approximately 85m from Old Street Underground & Mainline Stations and the Old Street Roundabout regeneration
  • 12,770 sq ft sq ft of net lettable accommodation arranged over lower ground, ground and five upper floors
  • Multi-let to four office tenants, remaining vacancy to be topped up with a current rent passing of £719,985 per annum
  • Average rents reflect circa £56.40 psf overall
  • Landlord has invested significant capital expenditure on the accommodation with an ESG focus across the asset
  • Recent lettings within the building and the micro location highlight the demand and resilience within the occupational market
  • Offers are invited in excess of £11,250,000 for the freehold interest, subject to contract and exclusive of VAT, reflecting net initial yield of 6% and a low capital value of £880 psf overall.