Oryx is pleased to announce the acquisition of Kirkgate, a recently refurbished multi-let office building in central Epsom. The freehold property, acquired at below replacement cost, comprises 26,109 sq. ft. over ground and three upper floors and is fully let to six tenants.
Kirkgate is the fourth building in Oryx’ Greater London office portfolio, adhering to the firm’s strategy of acquiring multi-tenanted newly refurbished assets, or assets with refurbishment potential, in Greater London and the South East that are well positioned for occupational demand and capital value growth. In line with the targets of this portfolio, Kirkgate has already achieved an EPC rating of “B” and has proven its resilience in a post-Covid occupier world with close to half of current lease income signed during the pandemic.