London Center New build 93 Apartments 39 private parking spaces and 11 accessible are available with Block C. Spaces are £50,000 each for a right to park in the UK.
The last building, out of four, is available to buy as a whole.
Asking price for the residential part is nearly £150m but they’ll consider a discount for the whole building.
39 private parking spaces and 11 accessible are available with Block C. Spaces are £50,000 each for a right to park.
There are also two commercial/retail units on the ground floor, measuring just over 7,000 sq ft and with an Estimated Rental Value of about £300,000 PA (so, about £7m, based on roughly 4% yield). This would complete the freehold.
I have also attached the Factsheet, purely for the buyer to look at the ground rent investment aspect, as well as the rest.
I have sought quotes from various furniture companies, in order to have the building ready to move in. The best quote from the most efficient company came to about £800,000 plus VAT at 20%. This is a rough quote for now. Once a buyer is close to doing the deal, we can get them to visit the building and give us a more precise figure.
RESERVATION AND
PAYMENT PROCEDURE
• Reservation Fees:
1 & 2 Beds – £5,000
3+ Beds – £10,000
1. 10% of purchase price payable within
14 days of exchange of contracts
(less reservation fee).
2. A further 10% deposit payable 12
months after exchange.
3. Balance of 80% payable on completion.
ESTIM ATED SERVICE CHARGE
£5.00 per sq ft per annum
GROUND RENT
|
ONE BED
|
£500 per annum
|
|
TWO BEDS
|
£780 per annum
|
|
THREE BEDS
|
£1,000 per annum
|
|
FOUR BEDS
|
£1,200 per annum
|
|
PENTHOUSES
|
£3,500 per annum
|
|
Plot No.
|
Block
|
Floor
|
Beds
|
Internal Area ft2
|
Asking Price
|
Price PSF
|
Per week
|
Yield
|
|
|
|
|
|
|
|
|
|
|
|
C.201
|
C
|
2
|
3
|
1.186
|
£1.861.000
|
£1.569
|
£1.250
|
3,49%
|
|
C.202
|
C
|
2
|
1
|
541
|
£850.000
|
£1.570
|
£510
|
3,12%
|
|
C.203
|
C
|
2
|
1
|
539
|
£846.000
|
£1.569
|
£510
|
3,13%
|
|
C.204
|
C
|
2
|
2
|
988
|
£1.550.000
|
£1.569
|
£995
|
3,34%
|
|
C.205
|
C
|
2
|
1
|
605
|
£950.000
|
£1.570
|
£580
|
3,17%
|
|
C.206
|
C
|
2
|
1
|
593
|
£931.000
|
£1.570
|
£600
|
3,35%
|
|
C.207
|
C
|
2
|
1
|
567
|
£890.000
|
£1.569
|
£580
|
3,39%
|
|
C.208
|
C
|
2
|
1
|
603
|
£946.000
|
£1.569
|
£570
|
3,13%
|
|
C.301
|
C
|
3
|
2
|
879
|
£1.388.000
|
£1.578
|
£930
|
3,48%
|
|
C.302
|
C
|
3
|
2
|
736
|
£1.162.000
|
£1.578
|
£750
|
3,36%
|
|
C.303
|
C
|
3
|
1
|
539
|
£851.000
|
£1.578
|
£520
|
3,18%
|
|
C.304
|
C
|
3
|
2
|
901
|
£1.422.000
|
£1.578
|
£950
|
3,47%
|
|
C.305
|
C
|
3
|
3
|
1.306
|
£2.061.000
|
£1.578
|
£1.300
|
3,28%
|
|
C.306
|
C
|
3
|
3
|
1.290
|
£2.035.000
|
£1.578
|
£1.290
|
3,30%
|
|
C.401
|
C
|
4
|
2
|
879
|
£1.396.000
|
£1.587
|
£965
|
3,59%
|
|
C.402
|
C
|
4
|
2
|
736
|
£1.170.000
|
£1.589
|
£765
|
3,40%
|
|
C.403
|
C
|
4
|
1
|
539
|
£856.000
|
£1.587
|
£530
|
3,22%
|
|
C.404
|
C
|
4
|
2
|
901
|
£1.431.000
|
£1.588
|
£965
|
3,51%
|
|
C.405
|
C
|
4
|
3
|
1.306
|
£2.073.000
|
£1.588
|
£1.320
|
3,31%
|
|
C.406
|
C
|
4
|
3
|
1.290
|
£2.047.000
|
£1.587
|
£1.310
|
3,33%
|
|
C.501
|
C
|
5
|
2
|
879
|
£1.405.000
|
£1.598
|
£960
|
3,55%
|
|
C.502
|
C
|
5
|
2
|
736
|
£1.176.000
|
£1.597
|
£780
|
3,45%
|
|
C.503
|
C
|
5
|
1
|
539
|
£861.000
|
£1.597
|
£540
|
3,26%
|
|
C.504
|
C
|
5
|
2
|
901
|
£1.439.000
|
£1.597
|
£980
|
3,54%
|
|
C.505
|
C
|
5
|
3
|
1.306
|
£2.086.000
|
£1.598
|
£1.340
|
3,34%
|
|
C.506
|
C
|
5
|
3
|
1.290
|
£2.060.000
|
£1.597
|
£1.330
|
3,36%
|
|
C.601
|
C
|
6
|
2
|
880
|
£1.414.000
|
£1.606
|
£975
|
3,59%
|
|
C.602
|
C
|
6
|
2
|
738
|
£1.186.000
|
£1.606
|
£795
|
3,49%
|
|
C.603
|
C
|
6
|
1
|
540
|
£869.000
|
£1.608
|
£550
|
3,29%
|
|
C.604
|
C
|
6
|
2
|
902
|
£1.449.000
|
£1.606
|
£995
|
3,57%
|
|
C.605
|
C
|
6
|
3
|
1.308
|
£2.101.000
|
£1.606
|
£1.360
|
3,37%
|
|
C.606
|
C
|
6
|
3
|
1.293
|
£2.078.000
|
£1.607
|
£1.350
|
3,38%
|
|
C.701
|
C
|
7
|
2
|
880
|
£1.423.000
|
£1.616
|
£990
|
3,62%
|
|
C.702
|
C
|
7
|
2
|
738
|
£1.193.000
|
£1.616
|
£810
|
3,53%
|
|
C.703
|
C
|
7
|
1
|
540
|
£873.000
|
£1.616
|
£560
|
3,34%
|
|
C.704
|
C
|
7
|
2
|
902
|
£1.458.000
|
£1.616
|
£1.010
|
3,60%
|
|
C.705
|
C
|
7
|
3
|
1.308
|
£2.114.000
|
£1.616
|
£1.380
|
3,39%
|
|
C.706
|
C
|
7
|
3
|
1.293
|
£2.089.000
|
£1.616
|
£1.370
|
3,41%
|
|
C.801
|
C
|
8
|
2
|
880
|
£1.431.000
|
£1.625
|
£1.005
|
3,65%
|
|
C.802
|
C
|
8
|
2
|
738
|
£1.200.000
|
£1.625
|
£825
|
3,58%
|
|
C.803
|
C
|
8
|
1
|
540
|
£879.000
|
£1.627
|
£570
|
3,37%
|
|
C.804
|
C
|
8
|
2
|
902
|
£1.466.000
|
£1.625
|
£1.030
|
3,65%
|
|
C.805
|
C
|
8
|
3
|
1.308
|
£2.126.000
|
£1.626
|
£1.400
|
3,42%
|
|
C.806
|
C
|
8
|
3
|
1.293
|
£2.101.000
|
£1.625
|
£1.390
|
3,44%
|
|
C.901
|
C
|
9
|
2
|
880
|
£1.440.000
|
£1.635
|
£1.020
|
3,68%
|
|
C.902
|
C
|
9
|
2
|
738
|
£1.208.000
|
£1.636
|
£840
|
3,62%
|
|
C.903
|
C
|
9
|
1
|
540
|
£883.000
|
£1.634
|
£580
|
3,42%
|
|
C.904
|
C
|
9
|
2
|
902
|
£1.475.000
|
£1.635
|
£1.050
|
3,70%
|
|
C.905
|
C
|
9
|
3
|
1.308
|
£2.138.000
|
£1.635
|
£1.420
|
3,45%
|
|
C.906
|
C
|
9
|
3
|
1.293
|
£2.114.000
|
£1.635
|
£1.410
|
3,47%
|
|
C.1001
|
C
|
10
|
2
|
882
|
£1.450.000
|
£1.645
|
£1.035
|
3,71%
|
|
C.1002
|
C
|
10
|
2
|
739
|
£1.216.000
|
£1.644
|
£855
|
3,66%
|
|
C.1003
|
C
|
10
|
1
|
541
|
£890.000
|
£1.644
|
£590
|
3,45%
|
|
C.1004
|
C
|
10
|
2
|
903
|
£1.485.000
|
£1.644
|
£1.070
|
3,75%
|
|
C.1005
|
C
|
10
|
3
|
1.310
|
£2.154.000
|
£1.644
|
£1.440
|
3,48%
|
|
C.1006
|
C
|
10
|
3
|
1.294
|
£2.128.000
|
£1.645
|
£1.430
|
3,49%
|
|
C.1101
|
C
|
11
|
1
|
574
|
£948.000
|
£1.652
|
£650
|
3,57%
|
|
C.1102
|
C
|
11
|
2
|
871
|
£1.440.000
|
£1.654
|
£975
|
3,52%
|
|
C.1103
|
C
|
11
|
2
|
882
|
£1.458.000
|
£1.654
|
£990
|
3,53%
|
|
C.1104
|
C
|
11
|
2
|
1.009
|
£1.668.000
|
£1.654
|
£1.150
|
3,59%
|
|
C.1105
|
C
|
11
|
2
|
826
|
£1.366.000
|
£1.655
|
£1.000
|
3,81%
|
|
C.1106
|
C
|
11
|
1
|
603
|
£997.000
|
£1.654
|
£695
|
3,62%
|
|
C.1107
|
C
|
11
|
1
|
554
|
£917.000
|
£1.654
|
£675
|
3,83%
|
|
C.1201
|
C
|
12
|
1
|
576
|
£957.000
|
£1.662
|
£695
|
3,78%
|
|
C.1202
|
C
|
12
|
2
|
871
|
£1.448.000
|
£1.663
|
£995
|
3,57%
|
|
C.1203
|
C
|
12
|
2
|
882
|
£1.466.000
|
£1.663
|
£1.010
|
3,58%
|
|
C.1204
|
C
|
12
|
2
|
1.009
|
£1.678.000
|
£1.664
|
£1.175
|
3,64%
|
|
C.1205
|
C
|
12
|
2
|
826
|
£1.373.000
|
£1.663
|
£1.020
|
3,86%
|
|
C.1206
|
C
|
12
|
1
|
603
|
£1.002.000
|
£1.662
|
£725
|
3,76%
|
|
C.1207
|
C
|
12
|
1
|
554
|
£922.000
|
£1.663
|
£695
|
3,92%
|
|
C.1301
|
C
|
13
|
3
|
1.364
|
£2.281.000
|
£1.673
|
£1.600
|
3,65%
|
|
C.1302
|
C
|
13
|
3
|
1.362
|
£2.277.000
|
£1.672
|
£1.600
|
3,65%
|
|
C.1303
|
C
|
13
|
3
|
1.495
|
£2.501.000
|
£1.673
|
£1.600
|
3,33%
|
|
C.1401
|
C
|
14
|
3
|
1.362
|
£2.291.000
|
£1.683
|
£1.750
|
3,97%
|
|
C.1402
|
C
|
14
|
3
|
1.359
|
£2.286.000
|
£1.682
|
£1.750
|
3,98%
|
|
C.1403
|
C
|
14
|
3
|
1.495
|
£2.515.000
|
£1.682
|
£1.750
|
3,62%
|
|
C.1501
|
C
|
15
|
3
|
1.362
|
£2.303.000
|
£1.691
|
£1.550
|
3,50%
|
|
C.1502
|
C
|
15
|
3
|
1.359
|
£2.300.000
|
£1.692
|
£1.550
|
3,50%
|
|
C.1503
|
C
|
15
|
3
|
1.464
|
£2.476.000
|
£1.691
|
£1.750
|
3,68%
|
|
C.1601
|
C
|
16
|
2
|
865
|
£1.473.000
|
£1.702
|
£1.100
|
3,88%
|
|
C.1602
|
C
|
16
|
2
|
863
|
£1.468.000
|
£1.701
|
£1.100
|
3,90%
|
|
C.1603
|
C
|
16
|
3
|
1.225
|
£2.083.000
|
£1.700
|
£1.500
|
3,74%
|
|
C.1604
|
C
|
16
|
3
|
1.193
|
£2.028.000
|
£1.700
|
£1.500
|
3,85%
|
|
C.1701
|
C
|
17
|
3
|
1.362
|
£2.329.000
|
£1.710
|
£1.750
|
3,91%
|
|
C.1702
|
C
|
17
|
3
|
1.359
|
£2.326.000
|
£1.711
|
£1.750
|
3,91%
|
|
C.1703
|
C
|
17
|
3
|
1.497
|
£2.561.000
|
£1.710
|
£1.750
|
3,55%
|
|
C.1801
|
C
|
18
|
4
|
1.855
|
£3.190.000
|
£1.720
|
£2.000
|
3,26%
|
|
C.1802
|
C
|
18
|
4
|
2.082
|
£3.581.000
|
£1.720
|
£2.200
|
3,19%
|
|
C.1901
|
C
|
19
|
4
|
1.855
|
£3.207.000
|
£1.729
|
£2.200
|
3,57%
|
|
C.1902
|
C
|
19
|
4
|
2.082
|
£3.600.000
|
£1.729
|
£2.200
|
3,18%
|
|
90
|
|
|
|
90.390
|
£148.490.000
|
£1.643
|
|
|
We are ready to provide with more detailed financial data upon signature of soft LOI (without penalties
for non-buying) showing the financial credibility and interest of the potential buyer |
