19/21 Great Tower St, EC3 bought by BBG client

Advising a private UK investor, BBG has bought the freehold investment of 19/21 Great Tower St, EC3 for £13.70m, representing a Net Initial Yield of 6.00% and a capital value of £770psf.

The building is opposite Ivanhoe Cambridge’s landmark 250,000 sf Minster redevelopment http://theminsterbuilding.com/files/TheMinsterBuilding_Brochure.pdf and comprises 17,831sq.ft. of offices . There are three retail units at ground floor and basement levels benefitting from the growing footfall along Eastcheap and Great Tower Street.  BBG’s client will refurbish the common parts and reposition the building to take advantage of upcoming lease events. The second floor (2,218 sf) is the only available floor and will be offered in the market shortly.

For more information please contact Giles Godbold http://www.bbgreal.com/giles.godbold  or Oliver Kirke at BBG

19-21 Great Tower Street

For further information contact
Tom Boggis
0723978462
020 3713 1950
Tom.boggis@bbgreal.com

Share
BBG Real Estate London
Cookie Settings

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

 

BBG - Advisers and Advisors, a specialist London City practice providing clients with a full range of complementary real estate services. We have a portfolio of available commercial real estate property and offices for rent, sale and offices to lease across London. Real Estate Agents operating across London specialising in Flexible Offices and Work Places. Office Space to Lease Real Estate Property Agents London.