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View to Angel Square from Goswell Road in London EC1.

View to Angel Square from Goswell Road in London EC1.

29.03.2013

Angel Square

Address:
397 City Road, London EC1V 1NY
Type:
Commercial
Viewed:
364

Description of Angel Square

Angel Square is an office building in Islington, London EC1.

The building consists of three multi-let connected buildings around a central courtyard. It comprises 128,700 sq ft / 11,960m2 of offices above Angel underground station.

2014 - Derwent London exchanges contracts to acquire the freehold of Angel Square, Islington EC1 in London’s Tech Belt from an overseas investor for £75.03m before costs. The passing rent was £2.4m per annum and 12,950 sq ft (10% by area) is vacant. Rents on the let space range from £10 to £30 per sq ft, with an average of £21.68 per sq ft. The majority of the leases expired in March 2015. The net initial yield is 3.05%, which reflects a capital value of c.£610 per sq ft after costs.

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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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