Property Listing Details

commercial property - Investment portfolio

Great Tower Street 22-23 Great Tower St, London EC3R 5AQ

  • 06-Dec-2024

£5,250,000

Property details

Description

Guide price £5,250,000 Great Tower Street 22-23 Great Tower St, London EC3R 5AQ Sole agency Freehold Hotel 9 Bedrooms Share Save Key features An attractive income producing, freehold asset located in the City of London Located <400m from Tower Hill, Fenchurch St and Monument stations Attractive spacious floorplans The ground and lower ground floor comprises a retail unit Gross Internal Area of 1,684 sq ft. The Property produces a total annual passing rent equivalent to £319,244 The residential apartments are let under an IRI lease to an operator The retail unit is let to a restaurant/takeaway operator Great Tower Street is an income producing, fully let, freehold residential apartment block, with ground and lower ground floor retail. About this property The modernised building is arranged over lower ground, ground, and six upper floors, serviced by a passenger lift that ensures full DDA access. The ground and lower ground floor accommodates a retail unit, currently let to a restaurant / takeaway operator. This unit has undergone a recent refurbishment by the tenant and benefits from full extraction. The six upper floors comprise 9 well maintained apartments, offering a mix of one and two-bedroom apartments. The apartments are fully let under a single IRI lease, to an operator. All of the apartments are presented to a high specification, whilst many feature private balconies or terraces. Local information Located in the heart of London’s renowned financial district, 22-23 Great Tower Street offers an exceptional investment opportunity in the City of London. Just moments from Monument, Tower Hill and Fenchurch Street stations, the Property enjoys outstanding connectivity Contact an agent Alex Sturgess Margaret Street Contact now Kitty Snaydon Margaret Street Contact now Request details Download PDF brochure

The Agent

Price history

06-Dec-2024 £5,250,000 First listed

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