Real estate fund manager, F&C REIT Asset Management, has put one its London office buildings on the market, according to an article published by CoStar UK.
Located at 5-11 Regent Street, Charles House features 36,847 sq ft of office space. ItÂ also features 7,070 sq ft of retail space on the property’s ground and lower floors.
Fronted by a Grade II-listed facade, Charles House has been valued at Â£37 million.
The building is currently occupied by nine tenants, including stationery and office supplies retailer, Rymans. The head rent paid at Charles House currently stands at Â£232,625 per year; the net rent recouped by the building is currently Â£2,268,303.
Charles House’s location is expected to make it an extremely desirable option. Lloyds TSB, Apple and Matrix Group are amongst some of the many high-profile firms based on Regent Street.
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