72 Welbeck Street, W1
Welbeck Street 72, London, W1G 0AY, UK
10.569 m²
Descrição
20 Moorgate represents one of the most exciting repositioning opportunities in the City of London rental growth cycle.
The opportunity is to reimagine an impressive and substantial 2002 office building totalling 154,989 sq ft, occupying a highly prominent position on the east side of Moorgate. The building offers strong fundamentals, with regular 20,000 sq ft floorplates and generous floor to ceiling heights, alongside repositioning potential for the activation of numerous terraces and rooftop amenity. It benefits from exceptional connectivity, sitting a 2-minute walk from the Elizabeth Line entrance at Moorgate station, and presents a significant opportunity to create a next generation all electric, net zero carbon office scheme that matches future tenants' office requirements. Short-term income is in place, with vacant possession of the office space achievable in early July 2028, offering the prospect to capitalise on the significant existing and future undersupply of office space in the City.
Offers are invited for 100% of the units in the Guernsey Property Unit Trust that owns the long leasehold interest in 20 Moorgate.
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Atributos
Área de construção líquida
14.386 m²
Ocupação
100%
Ano de construção
2002
WAULT
2 anos
Número de andares
10
Media
Destaques do investimento
- Prime City of London location situated within 150 metres of the Bank of England.
- Occupying a highly prominent position on the east side of Moorgate, globally recognised as one of the City’s key thoroughfares.
- Excellent transport links being within a 2-minute walk of both Bank & Moorgate, the latter of which provides access to the Elizabeth Line.
- Striking HQ office building, developed in 2002 by MEPC.
- Comprises 154,989 sq ft of office, retail & ancillary accommodation arranged over part basement, lower ground, ground & seven upper floors.
- The offices are single let to the Bank of England. Vacant possession achievable in July 2028.
- Retail unit let to Fuller Smith & Turner Plc until 24th December 2039 (13.5 years unexpired).
- Held long leasehold until 3rd November 2152 (approximately 126.5 years unexpired), geared to 10% of rents received.
Contactar corretores
20 Moorgate - Disposal - City Investment 2026 (0 Propriedades)
