Jones Lang LaSalle and Knight Frank have been jointly instructed by a private client to sell the freehold interest in 2 London Bridge.
This prominent freehold circa 50,000 sq ft office building is located adjacent to London Bridge itself in an enviable location with views over the River Thames and Southwark Cathedral. The Southbank market is one of Central London’s most vibrant, and will be transformed further by the completion of the London Bridge station upgrade in 2018.
The property is now multi-let and provides strong asset management opportunity with a reversionary passing rent, some vacant elements and the burgeoning Southwark occupational market.
The potential for alternative use to residential in the medium term is possible, but having been redeveloped in 2004 the property currently provides Grade A accommodation with one of the best river views in London.
The vendors will be looking to achieve a price in excess of £30 million.
James Beckham of Jones Lang LaSalle and Ed Fairweather of Knight Frank are leading the sale for their mutual private client.
