210 Pentonville Road, London, City of London, N1 9JY, UK

210 Pentonville Road, N1

描述

An institutional-grade property occupying a commanding island site in the heart of King’s Cross. The all-electric freehold building comprises 90,641 sq ft of premium office and ancillary accommodation arranged over ground and nine upper floors. Originally constructed in 1969, the asset has benefited from a comprehensive rolling refurbishment programme most recently in 2025; creating contemporary workspace that meets the demands of modern occupiers.

The majority of the building has been recently refurbished, limiting future capex requirements. The remaining space offers asset management opportunities and the ability to drive rental tone post refurbishment. The property is all-electric with BREEAM ‘Excellent’ and overall EPC ‘A’ rating.

With King’s Cross and St Pancras International stations within a short walk, access to wider London, the UK and into continental Europe is unrivalled. With Farringdon one stop away, the Elizabeth line can be accessed in six minutes. In addition, National Rail services from Euston are easily accessible via the Victoria Line.

210 Pentonville Road is multi-let to a diverse mix of ten office tenants with a topped-up passing rent of £7,185,603 per annum and a WAULT of 4.9 years to expiries and 3.2 to breaks, on the let space.

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属性

建筑净面积

8,421 平方米

占用率

91%

建成年份

1969

加权平均未到期租赁期

4.9 年

布雷姆

Excellent

EPC 工程总承包

Grade A

媒体

投资亮点

• Freehold all-electric building

• Prominent headquarters office building occupying a virtual island site in the sought-after West End submarket of King’s Cross

• Excellent transport infrastructure, located in close proximity to King’s Cross and St Pancras stations, providing domestic and international connectivity

• 90,641 sq ft (8,422.1 sq m) of highly specified office and ancillary accommodation, arranged over ground and nine upper floors

• Eighth floor terraces, with exceptional views over London

• Flexible and easily divisible floorplates of approximately 10,500 sq ft

• 91% occupancy, multi-let to ten tenants from a diverse range of sectors

• The building has recently undergone a comprehensive rolling refurbishment, including the common areas and majority of office floors

• Creative re-use of the existing fabric earned the asset a finalist spot in the prestigious Architects’ Journal Retrofit Awards

• Passing rent of £7,185,603 (including vendor top ups) reflecting a low overall rent of £79.28 per sq ft, 20% below prime King’s Cross rents

• Attractive WAULT of 4.9 years to expiries and 3.2 years to breaks

• Future asset management opportunities to include incorporation of managed offices, additional building amenity, and expansion of external terracing

• Outstanding sustainability credentials, with BREEAM ‘Excellent’ and EPC A