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3-7 ray street, ec1

clerkenwell

Size:
18,900 sq ft
Client:
private client
Status:
bought for private client
Contact:
David Berko

This building was bought on behalf of a private client as an investment.

Midtown - An Outperforming Market

The Midtown office market has outperformed other major central London office markets in recent years, boasting the highest levels of rental growth for any sub-market over the last three years, as well as an increasingly diverse occupier mix.

With the arrival of the new interchange at Farringdon station from 2018 and continued restricted office supply, this trend of out-performance is set to continue.

The Building

Single let to leading TV production company, All3Media Holdings Limited until 20 July 2029 An unexpired term of approximately 13.5 years.

The building has the potential to increase the net lettable area by approximately 11,635 sq ft, subject to achieving the necessary planning consents