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OFFICE REFURBISHMENT AND EXTENSION OPPORTUNITY

London, United KingdomUnlock address

71%

£8.500.000

Office

#12902

Value-Add

27 Mar 2024

Property Details

Broker

For sale

11,528 sq.ft.

1,071 m²

Gross area

737.34 £/sq.ft.

7,936 £/m²

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.50 %

Investment Overview

Located in the heart of Clerkenwell, one of London’s most sought after office districts.. Currently providing 9,342 sq ft NIA (11,528 sq ft GIA) arranged over lower ground, ground and two upper floors. Excellent transport links, just a 5 minute walk from Barbican Station and 7 minutes from Farringdon Station. Under 400m from the new Farringdon Elizabeth Line entrance at Charterhouse Street. Offered with full vacant possession. Planning consent granted in February 2022 for a comprehensive refurbishment and striking new extension, increasing NIA to 11,679 sq ft (15,425 sq ft GIA). Scheme includes substantial terracing on the first and fourth floor totaling 1,294 sq ft. Rare opportunity to deliver best-in-class headquarter offices in prime Clerkenwell. Offers invited in excess of £8,000,000.