Chiswick Gate, 598-608, London W4 5RT

Acting on behalf of a private investor, we advised on the purchase of the above multi-let office building in Chiswick.  Located opposite Gunnersbury Station, this air conditioned building of 13,300 sq ft is let to 4 tenants at average rents of only £27 per sq ft.  With prime offices in the immediate area achieving in excess of £35 per sq ft, the property offers excellent opportunities for rental and capital growth.  The property was purchased at a price reflecting an initial yield of under 6% following the vendor’s marketing campaign at £5.935 million.