13-14 BUCKINGHAM GATE LONDON SW1 - Capita Symonds

PROPOSAL
r Attractive Freehold period building
redeveloped behind the façade.
r Located within 50 metres of Buckingham
Palace.
r Close to excellent communication links.
r Multi-let office investment with range of
lease expiries.
r Considerable development in the local
and wider Victoria area.
r Low average passing rent of £37.65 per sq ft.
r Value underpinned by future residential
potential (subject to consents).
We are instructed to seek offers in excess of
£9,650,000 (Nine Million Six Hundred and
Fifty Thousand Pounds) subject to contract
and exclusive of VAT.
A purchase at this level reflects a Net Initial
Yield of 4.50% assuming usual acquisition
costs of 5.80%.
This reflects a capital value of £771 per sq ft on
the net internal area and £652 per sq ft on the
approximate gross internal area.
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