A unique opportunity to purchase a highly desirable, income producing office investment that is leased to Panasonic UK on a 5 year lease, commencing in March 2018.
Wharf Road is located between two of central London's trendiest places; Angel to the north and Old Street to the south. Both within a 10 minute walk in either direction.
On one side of Wharf Road is Wenlock Basin, which leads into Regents Canal, and on the other side City Road, which has been become a major residential destination with four of the world's top architects, including Lord Foster and Sir Terry Farrell, designing towers there since 2013.
Situated midway between Angel (Northern Line ) and Old Street (Northern Line and mainline services). Both are an approximate 10 minutes walk
Wharf Road is conveniently located for train access both north and south London. Similarly, City Road has numerous buses running along it, providing road transport to many points in central London.
Local Rail Connectivity
Angel 0.4m, Old Street 0.6m, Essex Road 0.6m
|FLOOR||SQ. FT.||SQ. M.|
5 years from 19 March 2018
A tenant break clause on 19 March 2021 on 12 months prior written notice
Rent Per Sq. Ft.
£55 per sq. ft.
NET Initial Yield
This property is not elected for VAT
Each party to pay their own legal costs
Energy Performance Rating
Available on request
Fresson & Tee Ltd give notice that:
The information contained in these particulars is intended as a general outline only for the guidance of an intended purchaser and neither Fresson & Tee Ltd, or the vendor/lessor, on whose behalf these particulars are provided accept any responsibility for any inaccuracies the particulars may contain. An intending purchaser should not rely upon them as statements or representations of fact, but should satisfy themselves by inspection or otherwise to their accuracy. All floor areas and measurements are approximate. These particulars do not form a part of any offer or contract. Prices and rents are quoted on a subject to contract basis. Neither Fresson & Tee Ltd nor any of their employees have any authority, either orally or in writing, to make or give any representation or warranty in relation to the properties. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Fresson & Tee Ltd have not tested any of the services and we recommend that a purchaser or tenant satisfies themselves as to their condition and suitability prior to entering into a legally binding contract.