A mixed use development / investment opportunity

Situated within the Old Street district, London’s tech hub that neighbours fashionable Shoreditch.The Old Street Underground and Railway Station is within walking distance. The property is of steel construction, and was completed in 1980. The existing building comprises 18 residential apartments (16,149 sq ft NSA) across three upper floors, two live/work units (3,267 sq ft NSA) at lower ground / ground floor alongside a self-contained office (2,120 sq ft GIA) and 12-car parking spaces also at ground floor. Planning consent to convert the existing car park, office and live/work units into high quality office accommodation. A separate planning consent has been achieved for six residential units to be constructed at 4th and 5th floor level. Implementation of the consents will increase the overall saleable/lettable area by 39% to c.35,000 sq ft. Opportunity to refurbish the existing residential accommodation and improve the façade to provide a design-led boutique scheme to attract local residential and office occupiers.