Rent Price per Sq Ft: £65 / Sq Ft
Purchase Price Per Square Foot: £530 / Sq Ft
Featured buildings: United Dominions House, Plantation Place South, The Minster Building.
Description: A busy street with bars and restaurants to serve the offices that line both sides of the street. Don't be fooled by the name though; this is a prime location linking directly to Monument tube station and prices did actually reach £900 / Sq Ft in a previous sale.
east cheap, EC3M, Great Tower St Ec3N
GRACECHURCH ST, EC3V
Rent Price per Sq Ft: £55 - £65 / Sq Ft
Purchase Price Per Square Foot: £1225 / Sq Ft - £1549 / Sq Ft
Feature buildings: 70 Gracechurch St, 55 Gracechurch St, 20 Gracechurch St, Leadenhall Market, Allianz House (60 Gracechurch St).
Description: This is a vibrant street with shops, offices, bars, restaurants, with Monument tube station at it's entrance. It is also the beginnings of the Square Mile; the world renowned financial district of London; leading to Bishopsgate, where the buildings get bigger and taller. But Gracechurch St will lay host to some of the biggest names in finance (Axa Plc, Allianz). Gracechurch can achieve a yield of 5.25 % plus
fenchurch st, EC3M
Rent Price per Sq Ft: £60 - £75 / Sq Ft
Purchase Price Per Square Foot: £1250 / Sq Ft (Prime Grade A prices have reached £1920 / Sq Ft).
Feature buildings: The Walkie Talkie Building (20 Fenchurch St), Plantation House (30 Fenchurch St), 50 Fenchurch St, 80 Fenchurch St.
Description: Fenchurch St achieved fame from it's nicknamed Walkie Talkie Building; situated at 30 Fenchurch St; which includes a Skygarden and restaurant. It's iconic structure and design is a prominent feature on London's city skyline and developing the appetite for further skyscrapers and now Fenchurch St has added more to it's tally with No 50 and No. 80. Neighbouring Leadenhall St, which runs parallel, whilst also coming off Gracechurch St, Fenchurch St is a long road that has further scope for the development of additional skyscrapers. Rental yields are around 3.5 - 4.0 %.
LLOYD'S AVENUE, EC3N
Rent Price per Sq Ft: £39 - £65 / Sq Ft
Purchase Price Per Square Foot: £900 / Sq Ft
Feature Buildings: Dixon House (1 Lloyd's Avenue), Marlow House, 8 Lloyd's Avenue, 10 Lloyd's Avenue
Description: Lloyd's Avenue is a quiet street coming off Fenchurch St, situated on the Aldgate side (east end of Fenchurch St). Fenchurch St Station is very close by, as well as Tower Hill and Aldgate St. The buildings on the street are generally six storeys high and co-working spaces have a presence; offering flexible options for companies planning or experiencing growth. Buildings are well serviced, modernised, with classical exterior. Newer developments feature a modern exterior.
leadenhall St, EC3A, EC3V
Rent Price per Sq Ft: £57.50 / Sq Ft
Purchase Price Per Square Foot: £656 / Sq Ft
Feature buildings: The Leadenhall Building (122 Leadenhall Street), The Scalpel (52-54 Lime St), lloyd's Building.
Description: There are more skyscrapers coming to this street. The street is walking distance to one of the country's busiest train stations (Liverpool St) and links up very easily to four different underground routes, making it thus popular as a working destination and judging the level of activity in the area during the day, 'working from work' appears to be a popular option.
THREADNEEDLE St, EC3A, EC3V
Rent Price per Sq Ft: £62.50 / Sq Ft
Purchase Price Per Square Foot: £1045 - £1250 / Sq Ft
Feature buildings: 60 Threadneedle St, The Royal Exchange, 38 Threadneedle St, 34 Threadneedle St
Description: Threadneedle St connects to of the most prized financial locations in the country; starting from the Bank of England to reaching Bishopsgate in the east, in just under a mile. It's a narrow road but the buildings are irrespectively grand and designed to depict longevity, trust and authority; it's most probable influence being the Bank of England's presence and connectivity. Expect a yield of around 4.5-5%. Expect competitive capital growth for sustainable buildings.
LOMBARD St, EC3v
Rent Price per Sq Ft: £55 - £65 / Sq Ft
Purchase Price Per Square Foot: £1575 - £1625 / Sq Ft
Feature buildings: The Sugar Building (5 Cheapside), Jaguar Building, (107 Cheapside), 27 Poultry
Description: Don't be misled by the name; Cheapside is derived from the word 'chepe', which in Saxon, means market. To then see that the Bank of England was situated on the eastern end of Cheapside and on the western side is St. Paul's Cathedral; the historical evolution of the area seems to be clearer. Now, it is the UK headquarters for major corporations and a ltarget destination for leisure, dining and Hotels (The NED).
HOUNDSDITCH, EC3A
Rent Price per Sq Ft: £52.50 / Sq Ft
Purchase Price Per Square Foot: £850 - £1050 / Sq Ft
Feature buildings: St Botolph Building, 115-123 Houndsditch,
Description: Houndsditch starts from Aldgate Square and runs alongside Camomile St, towards, Bishopsgate and Wormwood. The street is off the beaten track compared to other streets in the vicinity and thus it could be argued that Houndsditch is the road with potential. A new major development due could be the first of a few; a particular oval / egg shaped building that straddles the area between Camomile and Houndsditch with it's very extraordinary shape; as well as the skyscraper at the very end of the street on Bishopsgate, may inspire further Houndsditch skyscrapers.
CAMOMILE ST, EC2N, BEVIS MARKS, DUKES PLACE EC3A
Rent Price per Sq Ft: £55 - £65 / Sq Ft
Purchase Price Per Square Foot: £1050 - £1300 / Sq Ft
Feature buildings: Heron Tower, Camomile Court, The Can of Ham (60-80 St Mary Axe), Irongate House
Description: The Heron Tower is situated at 100 Bishopsgate but it's also the corner that meets Camomile St; making Heron Tower a very influential and welcomed guest to vicinity of Camomile St which has benefitted further from modern developments, of avante garde designs; lifting the price per square foot into the premier league. Camomile St is also influence by it's eastern neighbour - Aldgate, where Irongate House is situated. We can expect further interest from developers and corporate tenants as there is always vertical space and always capacity to modernise. Camomile St is co-joined with Bevis Marks and Dukes Place.
CORNHILL, EC3V
Rent Price per Sq Ft: £52.50 - £67.50
Purchase Price Per Square Foot:: £1075 / Sq Ft
Feature buildings: The Royal Exchange, 1 Cornhill, 33 Cornhill.
Description: Cornhill starts in front of The Bank of England and ends at Bishopsgate. It's history is based on trading, where Corn trading, as suggested by it's name, was the niche provided by it's historical market. Today, the location is, like many other addresses in it's vicinity, is centred around finance; including insurance, pensions, investments and banking. Because of it's highly central location and significant history, Cornhill will be expected to remain as one of the city's primary addresses. A fair estimate of expected yield remains competitive at around 4.5%.