Savoy Court

• Occupying a prominent corner location on Strand directly adjoining the prestigious Savoy Hotel
• Located in the prime submarket of Covent Garden in London’s West End
• Situated in the immediate vicinity of major London railway termini, including Charing Cross and Waterloo Station, and within short walking distance of seven underground stations
• 56,132 sq ft (5,214.8 sq m) of office and retail accommodation, arranged over lower ground, ground, and eight upper floors
• Diverse multi-let income, producing a total topped up income of £3,560,333 per annum, reflecting a reversionary office rent of £59 per sq ft
• Office WAULT of 3.65 years to expiries and 3.11 years to earliest determinations
• Significant potential to enhance value and improve sustainability credentials through clear asset management initiatives
• Virtual Freehold interest with approximately 954 years unexpired at a fixed peppercorn rent

Offers are invited in excess of £55,000,000 reflecting £980 per sq ft and a Net Initial Yield of 6.06%, assuming purchaser’s costs of 6.8%