Office for sale in Botolph Lane, London EC3R, £11,626,000

11,626,000.00

Offer Nr.:
61842102
Type of ad:
for Sale
Property type:
Office
Contact name:
BBG Real Estate London Ltd
Phone(s):
020 8033 2680

* Freehold
* Multi - let office building located in the heart of EC3
* The building comprises 13, 386 sq ft (1, 243. 10 sq m) of office
* Lower ground to 5th floors
* Multi - let to 6 tenants producing £682, 328 p/a (incl. Top - ups)
* Weighted average unexpired lease term is 4. 43 years (2 years to breaks)
The property provides refurbished office space over lower ground, ground and
five upper floors.
The refurbishment has been comprehensive including new air conditioning,
suspended ceilings, raised floors, LED lighting, remodeled entrance hall, new
security access system, and video entry.
Great attention to detail has been taken in remodeling the façade, adding
terraces to the 5th and ground floors and installing new facilities such as
the Velodrome - inspired bike room and showers
The property occupies a prominent position on the East side of Botolph Lane,
in between its junctions with Eastcheap and Monument Street.
It is located within the insurance district, being in close proximity to
Lloyd’s of London.
Transport links are excellent, with Monument (Circle & District lines), Bank
(Central, Circle, District, DLR, Northern, Waterloo & City lines), Cannon
Street station (Circle & District lines and National Rail services) and
Fenchurch Street station (National Rail services) being very close by.
The new Bank Station ticket hall is located within 100 yards of the property
and the Elizabeth line (Crossrail) at Liverpool Street opened in May.
Bank and Monument station form the 3rd busiest interchange on the London
underground network being used by more than 120 million passengers per year.
Transport for London is undertaking a £600m upgrade project to improve station
capacity, allowing it to handle 40% more passengers annually.
The upgrade project involves the construction of a new tunnel, platforms and
new station entrance, escalators and passenger lifts.

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