The Relay Building London, E1

Price

£45,000,000

offers in excess of £45.3 million.
Size

102,416 sq. ft

Make an enquiry

For enquiries about this property please contact Savills
£45,000,000
Tony Wright Partner
Restructuring Advisory London

Key Features

  • Majority freehold
  • Constructed in 2014, the landmark tower was designed by Sigma Seifert and developed by Redrow
  • The building comprises 102,416 sq ft of Grade A office, education and retail accommodation arranged over lower ground, ground and six upper floors. 207 residential apartments above have been sold off
  • Multi-let to four office and educational tenants and three retail tenants
  • Topped up passing rent of £5,323,697.98 per annum,
  • Reflecting a low overall rent of £51.98 per sq ft
  • WAULT of 2.4 years to expiries and 1.8 years to breaks on the let accommodation
  • The provisions of Section 5 under the Landlord and Tenant Act 1987 “Qualifying Leaseholders’ Right of First Refusal” do not apply
  • Positive pre-application for change of use to education across the office floors
  • Refurbished shower & changing facilities
  • Refurbished manned reception
  • 3.3m floor-to-ceiling height
  • Fan coil air conditioning
  • Secure underground car parking
  • Exposed ceilings & services
  • EPC C 59
  • BREEAM Very Good
  • 3 x 13 passenger lifts

Description

Developed in 2014 by Redrow, The Relay Building comprises a landmark 22 storey tower providing 102,416 sq ft NIA of office, education and retail accommodation below 207 residentia apartments. The office accommodation, accessed from Whitechapel High Street via a refurbished reception area, totals 95,340 sq ft of warehouse-style space arranged over basement and six upper. The floor plates total c. 15,800 sq ft and are arranged around a central core, ...

Developed in 2014 by Redrow, The Relay Building comprises a landmark 22 storey tower providing 102,416 sq ft NIA of office, education and retail accommodation below 207 residentia apartments. The office accommodation, accessed from Whitechapel High Street via a refurbished reception area, totals 95,340 sq ft of warehouse-style space arranged over basement and six upper. The floor plates total c. 15,800 sq ft and are arranged around a central core, providing regular and flexible accommodation benefitting from excellent levels of natural light on all four elevations. The first floor benefits from education use. The retail accommodation is arranged over the ground floor and totals 7,076 sq ft NIA across three self-contained units. There are 30 car parking spaces

Location

Excellent connectivity situated above Aldgate East Station and within a short walking distance of Liverpool Street, Bank and Fenchurch Street stations Liverpool Street, the UK’s busiest station, is only a short walk or 1 tube stop away from The Relay Building, providing easy access to the Elizabeth Line for the building’s occupiers

Downloads

Map

Disclaimer

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

Make an enquiry

For enquiries about this property please contact Savills
£45,000,000
Tony Wright Partner
Restructuring Advisory London