Hanover Green Lists Freehold For Sale in Prime Southwark

Hanover Green are delighted to bring to market 2 Cathedral Street, SE1. The salient details are highlighted below:

  • Freehold
  • Highly prominent corner building overlooking Southwark Cathedral
  • Excellent location adjacent to Borough Market, close to the banks of the Thames and 3 minutes from London Bridge Station
  • Concrete framed office building arranged over ground and 5 upper floors totalling 6,439 sq ft (598.2 sq m)
  • Let for almost 8 years to Simon Harrison Ltd who are rated 1A by Dun & Bradstreet
  • Significant local regeneration includes Borough Yards, Minerva House, Liberty of Southwark and Colechurch House
  • Current passing rent is £332,000 pax reflecting £51.56 psf overall
  • Valuable rent review in December 2024
  • Offers are invited in excess of £5.66m (Five million, six hundred & sixty thousand pounds) reflecting a 5.5% net initial yield and a capital value of £879 psf after acquisition costs

  

 

Contact us

Hanover Green LLP
Sackville House
40 Piccadilly
London W1J 0DR

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

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