Larcom House
9 Larcom Street, London, SE17
A rare value-add Zone 1 opportunity benefitting from part government income.
Price: £8.1m
Status: Completed (Jul 22)
Tenure: Freehold
Transaction details
Description
An art-deco Grade II listed building of 25,112 sq. ft. NIA over four floors on a virtual island site, with ceiling heights in excess of 3.5m throughout.
Tenancy
Flexible income profile with potential for immediate VP, or, a block date in 2024. Total passing rent, (inclusive of tenancies under offer) of £396,905 p.a. reflecting a low passing rent of £15.80 psf overall.
Development opportunities
Substantial add value potential with opportunity for additional bulk and massing and internal rationalisation.
Location
Within 0.3 miles of Elephant and Castle Underground and Overground and less than 500 metres from Elephant Park, the centre of a £4bn regeneration transformation.
