8-20 Pocock Street is fully let to Government departments
The City investment team of Colliers International has been appointed by a private client to sell 8-20 Pocock Street, London SE1. The Government let property is situated on London’s thriving Southbank. The vendor is seeking offers in excess of £10.55 million, reflecting a 6% initial yield.
The property provides 13,759 sq ft of office space over the ground and first floor of an eight storey building. The offices are fully let to The Secretary of State for Communities & Local Government and The London Ambulance Service.
Close to both Southwark and Waterloo stations the property is in the heart of the Southbank district with nearby occupiers including Experian, Thomson Reuters, UBM and Transport for London.
Dominic Amey, head of Colliers City investment team, commented: ''Pocock Street offers high yielding Government income in one of London's most exciting sub-markets.”