Hanover Green Bring Allan House, London W1 To Market

Hanover Green are pleased to bring to market a prime mixed-use leisure and office investment located in a core West End location, c.100m from Oxford Circus. The building comprises an 18,282 sq ft building with a pub over ground and basement and multi-let offices on 1st to 4th floors. The pub is let to Greene King for an unexpired term of 20 years and the offices are on short-term leases with rents in the mid-£40’s per sq ft per annum. The upside in rents is in addition to the potential for an extra floor or roof terrace at 5th floor level, subject to planning. Offers are sought at a price of £12.06m, reflecting a Net Initial yield of 5.70% and just £659 psf capital value.

   

 

Contact us

Hanover Green LLP
Sackville House
40 Piccadilly
London W1J 0DR

T: +44 (0) 20 3130 6400
E: sholmes@hanovergreen.co.uk

This website uses cookies to give you the best experience, agree by clicking the 'Accept' button. View our cookie policy