Acting for a Charitable Trust, MK2 acquired Castle Wharf House, a modern prime city centre office building comprising 3,790 sq. m (40,795 sq. ft.) over ground and three upper floors. The property is fully let to the Secretary of State for Communities and Local Government and will be occupied by the Land Registry.
Prominently situated on Canal Street this prestigious headquarters office building with ample secure car parking has been designed to provide a flexible approach to occupation. The property is let on a low initial base rent providing for future rental growth.
The property was purchased for a price of £6,750,000 showing a significant discount to market levels.