TypeOffice Investments · Residential Investments · Office
TenureFor sale
The building comprises seven flats, which are let on ground leases, with offices on ground and lower ground floors. The ground floor and lower ground floors are currently occupied by the owner and two other parties, on leases which can be determined in May 2018. Alternatively, this property could be held as an investment.
The flats are let for 125 years from 24th June 1997 at ground rents of £100 per annum for each, increasing every 25 years to £169, £220, £286 and £372 per annum.
The office premises comprise a terrace of three buildings, originally warehouses, which are refurbished to a contemporary style with exposed columns, timber floors.
Situated on the west side of Ensign Street, linking Cable Street to the Highway at the south end. Tower Hill underground (District and Circle Lines) and Aldgate stations are within 10 minutes walk, together with the amenities at St Katharineees Dock.