King’s Cross property investment hits the market for 1st time in 30 years!

Ashurst Real Estate is delighted to bring 6-9 Cynthia Street to the market for sale..…..for the first time in more than 30 years.

6-9 Cynthia Street is a former Victorian era warehouse building that is arranged over lower ground, ground and 2 upper floors and has been extensively refurbished over recent years and benefits from excellent natural light and generous floor to ceiling heights.

The key points to note about this investment property sale is that

• It’s being sold freehold, subject to the existing tenancies.

• It’s, 6,521 sq. ft.

• The Gower Schools LTD is the tenant and occupies the whole building as a leading Montessori school.

• The current rent payable by the tenant is £282,396 PA.

• The vendor is seeking offers in excess of £3,750,000, subject to contract.

• At this price, the building provides a net initial yield of circa 7.1% and a low capital value of circa £575 per sq. ft..

Full marketing information, photos, floor plans and a tenancy schedule can be found by following the link below.

Alternatively, contact Ashurst Real Estate for further information.

David Shapiro

07970 128 599 | ds@ashurstre.london