McKay Securities Annual Results to 31 March 2018 - page 19

MCKAY / MAY 2018 /

30 Lombard Street, EC3

Speculative prime City of London

redevelopment (58,000 sq ft)

• Pre-let to St James’s Place plc

• £3.3m pa (net), equivalent to £65 psf

• 22.0% valuation surplus

• Conditional on PC in summer 2018

15 year pre-let secured, with no break

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