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25 Charterhouse Square office building website at 25charterhousesq.co.uk in 2017; screen capture

25 Charterhouse Square office building website at 25charterhousesq.co.uk in 2017; screen capture

15.11.2017

25 Charterhouse Square

Address:
25 Charterhouse Square, London EC1M 6HP
Type:
Commercial
Viewed:
1171

Description of 25 Charterhouse Square

25 Charterhouse Square is a Grade A office building in London EC1.

The building overlooking Charterhouse Square contains 38,355 sq ft of offices and 5,138 sq ft of retail space.

Office agents in 2017, after the redevelopment, are Ingleby Trice and Knight Frank. The retail agent is Dibley Property.

Situated next to the new Farringdon East Crossrail Station.

History

2017 - The building achieved practical completion on 28 March 2017. The 5th and 6th floors were let the same year at £75 psf. In the period the 4th floor was let to Peakon, also at £75 psf on a 10 year lease with a five year break. Since the end of the period the ground and first floors were let on 5-year leases at £77 psf for the first floor and an average £59 psf for the "shell" ground floor units. The second floor was under offer in November 2017.

2016 - In January 2016, Helical was granted a new 155-year leasehold interest in 25 Charterhouse Square, from the Governors of Sutton's Hospital in Charterhouse for £16m. Helical carried out a major refurbishment of the existing building, which increased the previous 34,000 sq ft to 38,355 sq ft of offices with the addition of a new 6th floor, and added 5,138 sq ft of retail/restaurant space.

Connected Companies

Developer:
Lettings:
Lettings:
Lettings:

News: (1)

Helical has during the past six months let 24,768 sq ft to three separate tenants at 25 Charterhouse Square at an average rent of £75.67 psf for 19,630 sq ft of offices and at £59.35 psf for 5,138 sq ft of retail. The building is now fully let.

Source: Helical plc today presents a summary of its portfolio and a trading update covering its activities for the period 1 October 2017 to 28 March 2018 helical.co.uk

29/03/2018 15:56 by Buildington

*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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