November 24, 2021
Multi-Let Investment For Sale | Anton Page
Anton Page have been instructed to sell a multi-let office investment close to Old Street – 14,288 sq. ft. comprising 16 x commercial units, 1 x retail unit & 6 x car parking spaces.
14 Southgate Road offers short & medium term asset management opportunities with scope to either refurbish individual suites to improve rental values or sell individual units to owner occupiers.
The building, which is nestled between Islington, De Beauvoir and Hoxton is being sold on a 999 year long leasehold for £5.5 million + VAT, reflecting a low capital value of £385 per sq. ft. and a net initial yield of 6%.
☎️ 020 7336 1313
📍 Hiltongrove N1 Business Centre, 14 Southgate Road, London N1 3LY
📐 14,288 sq. ft