Lindt House80 George St
Description
Offers are sought in excess of £74,400,000. This reflects a Net Initial Yield of 5.25%, by way of a corporate transaction (assuming purchasers’ costs of 1.80%). This price reflects a Capital Value of £974 per sq ft. The property is held in a UK SPV.
Best in class headquarters and mixed-use redevelopment completed in 2025.
Office accommodation is single let to Lindt & Sprungli (UK) Limited until 2040. Founded in 1845 Lindt & Sprungli are a global chocolatier & confectionary company, with 410 chocolate shops and cafes all over the world with group sales of CHF 5.47 billion. Multi let to one office, a high prolife gym, 2 restaurant units and a parade of retail, the asset produces a topped up passing rent of £4,030,654 per annum, reflecting £52.95 per sq. ft. overall.
Overview
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ID 9247
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Type Property
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Size 68,254 SqFt