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Investment - Office , Investment - Residential, Ground Rents to Buy

Saffron Hill, Holborn, London, EC1N

£1,400,000 £796 /sf
1,758 sf
 
£1,400,000 £796 /sf
1,758 sf
The office is occupied by Red Construction Group Limited on a reversionary outside the LTA 1954 lease expiring August 2024. The passing rent is £56,100 per annum. There is also a rent review on the 3rd of August 2022 and 2023. The freehold also benefits from a total of £1,600 pa ground rent from 8 flats to the upper floors, sold off on long leaseholds. TOTAL INCOME £57,700 pa.
Investment to Buy
Investment - Office Investment - ResidentialGround Rents

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RE: Saffron Hill, Holborn, London, EC1N  (210229131144)

map markerSaffron Hill, Holborn, London, EC1N

The property is prominently positioned on Saffron Hill, just off the busy Farringdon Road and in close proximity to its junction with Clerkenwell Road. The property benefits from excellent transport links with Farringdon Station just a minutes walk away, providing easy access to both Underground and National Rail lines. Farringdon Road also provides access to various bus routes which gives access to areas such as Waterloo and Dulwich Village. The unit is in close proximity to multiple successful retailers such as KFC, Tesco Express and Costa Coffee.
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