New King’s Cross property for sale!

Long before King’s Cross became cool, Tiger House in historic Burton Street, ploughed its own path as a cutting edge designed, unique block of flats and office scheme.

In fact, Tiger House was described by RIBA as “urban keyhole surgery of the utmost finesse”.

Ashurst Real Estate has been dealing with Tiger House for almost as long as it has been constructed, project managing successive lettings of the offices as they became vacant.

For a period of time, Tiger House was the most expensive office for rent in the area due to its enviable characteristics!

The area has changed and Tiger House’s era has come to end………at least for the current owners!

Tiger House is for sale for the 1st time since it was developed in 1997.

The investment comprises:

• Two interlinked office suites across the ground and first floors, currently occupied under two fully inclusive licence agreements.
• Nine residential flats within Tiger House, all sold off on long leases.
• A secure, integrated car park.
• A further three flats at 39 Burton Street, also sold off on long leases.

Ashurst Real Estate is selling the single long leasehold interest in Tiger House and 39 Burton Street.

A purchaser will secure the right to either maintain the status quo and collect a net income of £142,550 PA after costs or terminate the licences on 3 months notice and occupy the offices itself, whilst collecting the ground rent income.

Contact Ashurst Real Estate on 020 7419 5117 for further information or see detailed information by clicking the button below