Investment Acquisition of Kings House, Harrow
Offices, Agency, Investment, Lease advisory
Harrow Council
This project was worked on by the following people, working in partnership from across our business…
- Tom Paton-Smith Partner, Commercial & Agency, Commercial & Agency - Industrial & Logistics, Commercial & Agency - Offices
- Simon Rogers Partner, Advisory, Advisory - Development
Key information
Investment Acquisition of Kings House, Harrow
Advised Harrow Council on the purchase of the freehold interest of this office investment from Oval Real Estate for £22,910,000 reflecting £279 per sq ft, 5.5% NIY and 9.2% NRY.
Kings House comprises 82,000 sq ft of Grade B office accommodation over 8 storeys and is strategically located in the town centre opposite Harrow on the Hill railway/underground station. It is let to 3 tenants, including the government (45%), with 12% vacancy at a current passing rent of c. £1,364,000 reflecting £18.30 per sq ft.
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Regenerating a market town in Buckinghamshire
Town Centres, Investment
Buckinghamshire County Council
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