Size: 33,000 sq ft gross - 31,000 sq ft net. Area: 31,000 sq ft. Units: 40 serviced apartments. A mix of 25 x 1 beds, 7 x 2 beds and 8 studios.
‘Estimated’ income of £4 million per annum (gross). Additionally there is a further 2000 sq ft for a Restaurant (now occupied), producing rent of £150,000 per annum. The restaurant is independent of the rest of the deal and is on a 35 year lease that commenced in 2006. The property is freehold.
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