Dickens House, 15 Took's Court

Dickens House, 15 Took's Court - Sold

London, EC4A 1LB

Tenure: For Sale

  • *  Located in the heart of London’s Midtown district
  • *  Attractive listed period building
  • *  Freehold
  • *  Excellent communications being within 300m of the Central Line (at Chancery Lane Underground Station) and 750m from the new Elizabeth Line at Farringdon Station
  • *  Totals 2,798 sq ft (260.16 sq m) of net office and ancillary accommodation over lower ground, ground and 3 upper floors
  • *  Single Let to Raymond Gubbay Ltd (a leading promoter of classical music, opera and ballet) until 15th March 2019 at a rent passing of £82,500 pa
  • *   Highly reversionary being currently let off a low average passing rent of £29.50 per sq ft overall
  • *  Following preliminary discussions with the tenant, there is scope to obtain vacant possession
  • *  Offers invited in excess of £2,750,000, subject to contract and exclusive of VAT
  • *  A purchase price at this level reflects a net initial yield of 2.81% (assuming purchaser’s costs at 6.42%) and a capital value of £983 per sq ft
  • *  Assuming an ERV of £55.00 per sq ft overall the reversionary yield is approximately 5.25%

Schedule of Areas

Floor Sq ft Sq m
Whole 2,798 sq ft 260 sq m
Total 2,798 sq ft 260 sq m

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Location & Transport

Chancery Lane

2 mins walk

Farringdon

7 mins walk

City Thameslink

7 mins walk

Temple

8 mins walk

Holborn

8 mins walk

Blackfriars

9 mins walk