8-20 Pocock Street, London

13,759 sq ft

Description

Price Offers from £8,000,000 Offers are invited in the region of £8,000,000 for the Long Leasehold interest, subject to contract and exclusive of VAT. An asset purchase at this level reflects an attractive NIY of 7.2% on the Government income and a low capital value of £499 psf on the vacant CAT A refurbished ground floor.

8‐20 Pocock Street comprises 13,759 sq ft of office accommodation arranged over the ground and first floor, of an 8‐storey building completed in 2000. Above the first floor, the property is held under a separate title and is used as residential accommodation, owned by the freeholder Legal & General.

BUILDING HIGHLIGHTS

Ground floor, step free access

Open plan offices

Generous floor to ceiling

Excellent natural light

Fully accessible raised floors

Cooling

LED lighting

Self-contained offices

Location

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Location

8‐20 Pocock Street occupies a highly prominent position on the south side of Pocock Street, close to its junction with Blackfriars Road. The property is situated a 2‐minute walk (200 metres) from Southwark Underground Station (Jubilee Line), providing direct access to Green Park (3 stops) and Canary Wharf (4 stops). Waterloo Station is also within short walking distance.