The Grimaldi Building, King’s Cross, London N1 9PE


Description: A highly prominent & characterful self-contained office building situated on the north side of Pentonville Road, totalling 15,636 sq ft and single let for a further 8.4 years (3.4 years to break) off a low overall rent of £30.70 psf.
Type: Disposal on behalf of private clients for £5.7m reflecting a Net Initial Yield of 7.43% after the deduction of full purchasing costs of 5.80%, and a capital value of £365 psf.
Date: November 2013

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