Acting on behalf of a private investor, we advised on the purchase of
the above multi-let office building in Chiswick. Located opposite Gunnersbury Station, this
air conditioned building of 13,300 sq ft is let to 4 tenants at average rents
of only £27 per sq ft. With prime
offices in the immediate area achieving in excess of £35 per sq ft, the
property offers excellent opportunities for rental and capital growth. The property was purchased at a price
reflecting an initial yield of under 6% following the vendor’s marketing
campaign at £5.935 million.
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