La Française Acquires Office Building On Haywards Place, London For £15.6M
17 18 Hayward's Pl, Farringdon, London Ec1 R 0 Eq, Uk
$15,600,000
$1,418/SF
Building Size
11,000 SF
Asset Type
Office
Closing
Jul 12, 2020
About this deal
AI
The office building located at 17-18 Haywards Place in London has been sold in a transaction. The property spans 11,000 square feet and was sold for a total price of £15,600,000, reflecting an average price per square foot of £1,418.
Summary of transaction details
- Property Type: Office
- Transaction Amount: £15,600,000
- Address: 17-18 Haywards Place, London
- Market: London
The buyer in this transaction is La Française, while the seller is Pencross Assets. Representing La Française is David Rendall from La Française Real Estate Partners International.
Players
London Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93