Sold
120 Leman Street, London, E1
London - M25
dba227
Office£1,925,000
Tenure: Leasehold
Tenancy: Single Let
Investment summary
•Secure income for 106 years unexpired.
•Modern office building situated close to the City of London.
•5 yearly upwards only reviews.
•Lease geared to 7% of ERV.
•Passing rent equating to £2.05 psf overall.
•Stamp duty exempt - disadvantaged area.
•Net initial yield of 4.2%.