Sold
120 Leman Street, London, E1
London - M25
dba036
Office£1,620,000
Tenure: Freehold
Tenancy: Single Let
Investment summary
•Secure income for 109 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 5.0%.