31-32 Ely Place, London EC1
Price: £3,500,000 - Initial Yield:5.13%
Date: Q4 2012
Acting on behalf of a Private Investor we advised on the sale of this prime midtown development/investment opportunity to Marchmont Investment Management for £3.5m, reflecting a net initial yield of 5.13%.
The property comprises two adjoining former town houses now configured as high quality offices totalling 6,872 sq ft. Fully let to GSC Solicitors on a 15 year lease expiring in October 2014 at a rent passing of £190,000 p.a.
Contact
Jeff Ellis
Tel:
020 7493 3330
Mob:
07775 582 719
jellis@lewisellis.co.uk
