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Cloister Court Cloister Court 22- 26 FARRINGDON LANE CLOISTERCLOISTER COURTCOURT LONDON EC1 PRIME FARRINGDON FREEHOLD FOR SALE 9.80 YEARS SECURE INCOME 2 CLOISTER COURT INVESTMENT SUMMARY Freehold. Situated in prime Farringdon, one of London’s most sought after office districts. Unrivalled connectivity located 250 metres from Farringdon Station’s Turnmill entrance. Highly coveted former Victorian warehouse building. Comprises 9,459 sq ft (878.7 sq m) of office and retail accommodation arranged over ground and four upper floors. The office accommodation was comprehensively refurbished in 2020. The offices are single let to Your Golf Travel on a lease expiring 30/04/2031 at a passing rent of £550,000 per annum. Total passing rent of £565,000 per annum reflecting £59.74 per sq ft. Minimum guaranteed rental uplift to £576,000 per annum in 2026. Prime Farringdon rents are in excess of £85.00 per sq ft. WAULT of 9.8 years to expiry. Offers in excess of £11,500,000, subject to contract. This reflects a capital value of £1,215 per sq ft and a net initial yield of circa 4.61%, allowing for purchasers costs of 6.71%. 100% of the shares in the holding UK SPV are available, reducing the purchasers costs to 2.3%. 4 CLOISTER COURT CANARY WHARF SMITHFIELD ST PAUL’S OLD STREET LIVERPOOL STREET BARBICAN FARRINGDON MARKET CATHEDRAL CITY OF SHOREDITCH MOORGATE LONDON MIDTOWN CLOISTER COURT CHANCERY LANE CLERKENWELL GREEN LEATHER LANE MARKET FARRINGDON (TURNMILL STREET ENTRANCE) 6 CLOISTER COURT FARRINGDON Farringdon is one of Central London’s most exciting and diverse commercial districts. The area is renowned for mixing the old with the new, boasting an eclectic blend of Victorian warehouse style office buildings and cutting edge new build developments. Located at the epicentre of London’s world’s famous tech belt, Farringdon is home to some of the most prestigious global blue chip companies from the tech, media, creative and finance sectors. Farringdon is highly attractive to occupiers drawn by the excellent local amenities including a thriving retail, leisure and restaurant scene. Leather Lane and Smithfield Market Regeneration (CGI) Exmouth Markets have become some of London’s premier gourmet food markets. M ANGEL I D L A N D R O PENTONVILLE ROAD A KING’S CROSS D ST PANCRAS EV CITY ROAD ERSHOLT INTERNATIONAL STREET G GOS R A EUSTON ROAD Y W E L L ’ S 8 CLOISTER COURT EUSTON I N N ROA R O 13 MINUTES A D D HAMPSTEAD ROAD D FARRING EUSTON ROA LOCATION 1 D O N R O A D 17 GREAT EASTERN STREET EUSTON TAVISTOCK SQUARE GREAT PORTLAND SQUARE CORAM’S WARREN WOBURN PLACE STREET FIELDS 4 STREET Cloister Court occupies a highly prominent position on Farringdon Lane in Central 24 9 MINUTES Farringdon. Farringdon Lane is a prestigious thoroughfare connecting Turnmill E 4 Street and Farringdon Station to the south, to Farringdon Road running north CITY ROAD 23 26 10 towards Kings Cross. 7 FARR 2 3 17 O L D S T R E E T AVENU Cloister Court benefits from a world class amenity offering with Clerkenwell Green 12 IN ERY G situated directly behind the property, Exmouth Market is situated five minutes to the DON 3 6 5 8 LA 4 north and Leather Lane Market five minutes to the south. 13 ROSEB N 11 REGENT’S PARK E 6 5 5 RUSSELL 14 15 20 7 ST J COMME SQULOCALARE OCCUPIERS AMENITIES ROAD TOTTENHAM COURT ROAD 6 O C LERKENWELL 7 H 1 TikTok 1 Exmouth Market N S 9 RUSSELL 22 2 Hill & Knowlton 2 Leather Lane Market TREET RCIAL STR 1 3 Unilever 3 Clerkenwell Green SQUARE 18 28 27 PORTLAND PLACE 4 Zaha Hadid Architects 4 Dans Le Noir 20 SOUTHAMPTON ROW CLOISTER 5 Leigh Day LLP 5 The Eagle 25 30 19 21 6 Grimshaw Architects 6 The Slaughtered Lamb COURT GR EET 7 Publicis Groupe 7 Granger & Co 12 ALDERSGATE A 2 D ’ S R O A D HATTON 8 Goldman Sachs 8 The City Pride Y 3 ’ 2 FARRINGDON31 ROAD 9 Deloitte 9 Luca HEOBAL S T I 26 1 10 Fred Perry 10 Hix N 18 19 N 11 Solus Ceramics 11 Smithfield Market BARBICAN R 16 10 12 LinkedIn (Microsoft) 12 St John O GOODGE A 13 Adidas 13 Bounce GA D SE STREET STREE STREET 14 Photobox 14 Club Gascon 15 FARRINGDON 11 RDEN 15 IDEO 15 Bleeding Heart Yard 16 10 MINUTES CHARTERHOU 16 WeWork 16 Gymbox T 17 Alexander Macqueen 17 Exmouth Grind 34 18 Macmillan Publishers 18 Department of Coffee and Social Affairs 32 19 AKQA (WPP) 19 The Fence 13 20 Save The Children 20 Pure Gym RN H I G H H O L B O 21 LiveNation (Ticketmaster)LOOMSBURY WAY 22 Tesco DigitalB CHANCERY HOLBORN29 LANE 33 LONDON WALL 23 Clerkenwell Workshops 28 24 GoCardless HOLBORN HOTELS TOTTENHAM 25 JA Kemp H O L B O R N BISHOPSGATE 26 Oktra FARRINGDON STREET 1 Citadines COURT ROAD 27 Kurt Geiger VIADUCT 2 Malmaison 28 Amazon HOLBORN 8 3 The Rookery 29 Hogan Lovells HIGH 4 The Rosebery 30 Eventbrite 9 OXFORD STREET 5 The Zetter Townhouse LANE 9 31 Indeed CITY MOORGATE 6 Yotel 32 Anglo American THAMESLINK 7 The Bryson 33 Sainsbury’s PLC 34 Trade Desk GRESHAM STREET CHARING CROSS ROAD R KINGSWAY E FETTE U F L E E T S T R E E T THREADNEEDLE STREET N E V BOND STREET A T CH Y W LD KING WILLIAM STREET Y R A U COVENT SB CANNON STREET TE GARDEN AF COVENT SH QUEEN VICTORIA STREET GARDEN STRAND PIAZZA GRACECHURCH STREE TEMPLE UPPERTHAMES STREET LEICESTER VICTORIA EMBANKMENT BLACKFRIARS SQUARE E BRIDG REGENT STREET LOWER THAMES STREET E STRAND CHARING CROSS SOUTHWARK EMBANKMENT LONDON BRIDG 10 CLOISTER COURT 12 CLOISTER COURT CONNECTIVITY THE ELIZABETH LINE (CROSSRAIL) Cloister Court benefits from unrivalled connectivity. It Farringdon Station is Central London’s best connected Costing over £19bn, The Elizabeth Line is Europe’s is situated 250 metres to the north of Farringdon rail station and upon the opening of the Elizabeth Line, largest infrastructure project and will significantly Station which is served by the London Underground Farringdon will be the only interchange for the London enhance Cloister Court connectivity with The West (Circle, Hammersmith & City & Metropolitan Lines), Underground, Thameslink, National Rail and the End, City, Canary Wharf & Heathrow. Thameslink & National Rail. Farringdon Station Elizabeth Line. During peak times, approximately 140 Once completed, it will comprise 100km east to west provides direct access to the City, West End, Home trains per hour will pass through Farringdon Station. It is underground line providing a 10% increase in London’s Counties and three of London’s major airports. set to become the UK’s busiest railway station upon the rail capacity and creating an additional £42 billion arrival of the Elizabeth Line in 2022. benefit to the London economy. During peak times, trains will run every 2.5 minutes and will be able to carry 1,500 people. The Elizabeth Line will serve 41 stations with 30 being upgraded and 10 newly KING’S CROSS constructed. M ANGEL ANGEL I D L A Cloister Court is set to significantly benefit from the N D R O PENTONVILLE ROAD arrival of The Elizabeth Line. A KING’S CROSS 16 minutes / 1,200m D THAMESLINK ST PANCRAS LUTON AIRPORT EV CITY ROAD 35 mins ERSHOLT INTERNATIONAL 18 minutes / 1,400m KING’S CROSS STREET ST PANCRAS 3 mins G GOS R A EUSTON ROAD Y W E L L R ’ S EUSTON I N N R OAD O 13 MINUTES A D HAMPSTEAD ROAD D CROSSRAIL FARRIN 1 EUSTON ROA HEATHROW PADDINGTON BOND STREET TOTTENHAM MOORGATE LIVERPOOL CANARY STRATFORD GD O N R O A D 17 AIRPORT 8 mins 4 mins COURT ROAD 2 mins STREET WHARF 10 mins 31 mins GREAT EASTERN STREET 2 mins 2 mins 8 mins EUSTON TAVISTOCK SQUARE FARRINGDON GREAT PORTLAND SQUARE CORAM’S WOBURN PLACE STREET WARREN 4 FIELDS 24 STREET 9 MINUTES BLACKFRIARS E 4 CITY ROAD 4 mins 23 26 10 7 FARR 2 3 17 O L D S T R E E T Y AVENU 12 IN ER G 21 minutes / 1,600m DON 3 6 CLOISTER5 8 LA 4 GATWICK AIRPORT 13 ROSEB N 11 REGENT’S PARK E COURT 6 5 39 mins 5 RUSSELL 14 15 20 7 ST J COMME SQUARE ROAD TOTTENHAM COURT ROAD 6 O C L E R K E N W E L L 7 H 11 minutes /N S 800m 9 RUSSELL 22 TREET RCIAL STR 1 SQUARE 18 28 27 PORTLAND PLACE 2 minutes 20 SOUTHAMPTON ROW 25 RUSSELL SQUARE 30 19 21 GR 250m EET 12 ALDERSGATE A 2 D ’ S R O A D HATTON CROSSRAIL FACTS Y 3 ’ 2 FARRINGDON31 ROAD HEOBAL S T I 26 1 N 18 19 N BARBICAN R BARBICAN 16 10 O GOODGE A G D SE STREET STREE STREET ARDEN FARRINGDON 11 minutes / 850m 15 11 16 10 MINUTES CHARTERHOU T 34 32 OPENING 100km ADDITIONAL 13 RN 24 H I G H H O L B O EAST TO WEST LOOMSBURY WAY B CHANCERY HOLBORN29 LONDON WALL 2022 TRAINS PER LANE 33 63,000 28 UNDERGROUND LINES HOLBORN TOTTENHAM H O L B O R N BISHOPSGATE HOUR WITH FARRINGDONFARRINGDON STREET new jobs COURT ROAD VIADUCT HOLBORN 8 HIGH 1,500 WITHIN FARRINGDON, 9 OXFORD STREET LANE 9 MOORGATE INCREASING LONDON’S CITY EUROPE’S LARGEST PERSON CAPACITY THE CITY AND CHANCERY LANE THAMESLINK RAIL CAPACITY BY GRESHAM STREET INFRASTRUCTURE ON EACH TRAIN WEST END CHARING CROSS ROAD R KINGSWAY PROJECT 10% E FETTE U F L E E T S T R E E T THREADNEEDLE STREET N E V BOND STREET A CH Y W LD KING WILLIAM STREET Y STREET R A U COVENT SB CANNON STREET TE GARDEN AF COVENT SH QUEEN VICTORIA STREET GARDEN STRAND PIAZZA GRACECHURCH TEMPLE UPPERTHAMES STREET LEICESTER VICTORIA EMBANKMENT BLACKFRIARS SQUARE REGENT STREET K BRIDGE LOWER THAMES STREET E STRAND CHARING CROSS SOUTHWAR EMBANKMENT LONDON BRIDG M ANGEL I D L A N D R O PENTONVILLE ROAD A KING’S CROSS D ST PANCRAS EV CITY ROAD ERSHOLT INTERNATIONAL STREET G GOS R A EUSTON ROAD Y W E L L ’ S EUSTON I N N ROAD R O 13 MINUTES A D HAMPSTEAD ROAD D FARRING EUSTON ROA D O N R O A D GREAT EASTERN STREET EUSTON TAVISTOCK SQUARE 14 CLOISTER COURT GREAT PORTLAND SQUARE CORAM’S WARREN WOBURN PLACE STREET FIELDS STREET 9 MINUTES 1 E CITY ROAD FARR O L D S T R E E T Y AVENU IN ER 8 G LOCAL DON CLOISTER LA COURT ROSEB N REGENT’S PARK DEVELOPMENTS
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