The London Borough of Greenwich is located in close proximity to London's central business district Canary Wharf, which has a working population of 150,000 corporate and financial executives and covers more than 14 million square feet of office and retail floorspace.
Greenwich is also home to London's largest entertainment district, the O2 Arena, which surpassed New York's Madison Square Garden as the world's busiest music arena.
Greenwich attracts significant tourism visiting its landmark National Maritime Museum. Greenwich University has more than 22,000 students.
Each self-contained studio is to be completed to the highest specification and will be fully furnished. The internal specification of each studio will be as follows:
The property is zero-rated for VAT purposes.
We are seeking offers in the region of £7,150,000 (Seven Million and One Hundred and Fifty Thousand Pounds) which reflects an attractive net initial yield of 5.00%, assuming full purchaser's costs of 5.68%. Subject to contract and exclusive of VAT.