KING EDWARD ST, EC1A / NEWGATE STREET, EC1A
Rent Price per Sq Ft: £65 / Sq Ft
Purchase Price Per Square Foot: £785 - £1250 / Sq Ft
Feature buildings: 81 Newgate Street, The Newgate, 1 St. Martin's Le Grand
Description: Prices can vary quite considerably based on all the relevant factors such as tenant, lease, income, profit, location, traffic, condition and potential. The location is undergoing development and from the spread of modernisation and sustainability, investors and developers find cause to develop new buildings that reach the standards in design, efficiency and inspiration. It must be mentioned that though there is road traffic (which is becoming increasingly restricted, the spot is metres away from St. Paul's cathedral; one of the world's most iconic buildings and with the the Museum of London, both bring balance anda humbling affect on glass, stone and steel structures representing the man made concepts.
Farringdon St, EC1M, EC1R, EC1M, New bridge St, ec4V
Rent Price per Sq Ft: £76.50 / Sq Ft
Purchase Price Per Square Foot: £1115 / Sq Ft
Feature buildings: JJ Mack Building, The Ray, 20 Farringdon St, 25 Farringdon Road
Description: Farringdon St, following on from New Bridge St in Blackfriars and heading north, could be split into two halves; split by Holborn Viaduct (A40 road), the southern section, closer to the river appears to be more central, neighbouring some prime locations and hosting modern, Grade A offices. The northern section however, isn't lacking character and is close to Farringdon Station, making a prime prospect for development projects in the area. Farringdon Station joins a major rail line to provide great rail access heading out of London (including the new Crossrail line). Farringdon St provides a deversified ambience, mixing modern and historic / industrial conversions across it's length.