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10-4 Pentonville Road office building in Islington, London N1.

10-4 Pentonville Road office building in Islington, London N1.

29.03.2013

10-4 Pentonville Road

Address:
10 Pentonville Road, London N1 9HJ
Type:
Commercial
Completion:
2012
Area:
55,000 sq ft
Viewed:
268

Description of 10-4 Pentonville Road

10-4 Pentonville Road is an office building in Islington, London N1.

The building unifies the façade of two former 1980s buildings to create 55,000 sq ft of offices, which represents more than 20% uplift in floor area. Designed by architects Stiff + Trevillion, the buildings have two attractive canopied entrances which are supported by glistening Miesian stainless steel columns. The design has a distinct Scandinavian influence which includes Danish brick that extends into the reception foyer.

2012 October - Derwent London plc lets 47,700 sq ft of office space to Ticketmaster UK. Ticketmaster occupies the whole of 4 Pentonville Road and the upper five floors of 10 Pentonville Road under a 12-year lease with no breaks. The tenant will pay £1.9 million per annum at this seven floor building, based on £45 per sq ft on the top floor and £42.50 per sq ft on a typical mid-level floor, with a rent free period of 30 months. There are upward-only rent reviews after five and ten years, with a minimum uplift to £2.0 million after five years. Ticketmaster was represented by Glinsman Weller whilst Hatton Real Estate and Jones Lang LaSalle acted for Derwent London.

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*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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