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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%.