Hanover Green instructed to sell Culverdon House, Chertsey
March 2, 2020
On behalf of Nuveen, offers in excess of £9,130,000 are being sought for the freehold interest in the multi-let office.
The 22,351 sq ft building was comprehensively refurbished by the current landlord to include all new MEP.
The property is multi-let to three tenants producing a total passing rent of £730,290 per annum equating to £33.21 per sq ft from strong covenants including Compass Group (5A1), CliniSys Solutions (3A1) and Broadway Malyan (3A2).
The property benefits from a WAULT of 5.53 years to lease expiries.