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FOR SALE OLD STREET 346 Old Street, London, EC1V 9NQ

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FOR SALE OLD STREET 346 Old Street, London, EC1V 9NQ FOR SALE OLD STREET 346 Old Street, London, EC1V 9NQ NIA: 9,286 sq. ft. / GIA: 13,015 sq. ft. OLD STREET | 346 Old Street, London, EC1V 9NQ _ SUMMARY - Freehold - Superb location in the heart of Shoreditch - 0.3 miles to Old Street station, serving the Northern line and National Rail services - 9,286 sq. ft. Net Internal Area over basement, ground and three upper floors (Gross Internal Area of 13,015 sq. ft.) - Inviting offers in excess of £7,000,000, which reflects a low capital value of £754 per sq ft - Rare opportunity for investors, developers and owner occupiers - To be delivered with full vacant possession or subject to a flexible leaseback (subject to negotiation) _ OPPORTUNITY Subject to obtaining the necessary planning consents, the opportunity exists to; - Add a storey to the building - Seek change of use - Reconfigure the internal area to provide more floor space TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. OLD STREET | 346 Old Street, London, EC1V 9NQ _ LOCATION The subject property is situated within the London Borough of Hackney on the south side of Old Street between its junctions with Curtain Road and Charlotte Road, and within the area surrounding Old Street roundabout branded as ‘Silicon Roundabout’. In the past 5 years, this area has been transformed by the influx of start-up, technology and creative industries. Large corporations such as Google and Microsoft now have a presence within this market and a variety of boutique agencies have made this one of the most sought after office locations within the City Fringe. Hoxton Square, close to 346 Old Street, has become the focal point for art galleries, boutique design and fashion companies as well as a centre for luxury bars, night clubs and restaurants. The property is located almost directly opposite to Hoxton Square, while also being within close proximity to the various amenities and attractions of Shoreditch; the amenities of London Wall and Bishopsgate are also easily accessible via Curtain Road. Transport facilities are good with local bus services running along Old Street and Shoreditch High Street. Overground services are available from Hoxton, Shoreditch High Street and Liverpool Street stations, whilst various underground services are available from Old Street, Liverpool Street and Moorgate stations. TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. OLD STREET | 346 Old Street, London, EC1V 9NQ _ DESCRIPTION This terraced property comprises two intercommunicating structures that are about 120 years old. It is arranged over basement, ground and three upper floors. The structure is of red and stock brick with part concrete and timber flooring. The front elevation onto Old Street has a shop frontage at ground floor level; the upper floors have timber framed and glazed windows with stone surrounds and double timber entrance doors to reception. Access is via a concrete brick enclosed stair off Old Street with additional access at the rear via two metal spiral staircases. The property benefits from air conditioning cassettes, WCs, changing and shower rooms as well as communal rest areas. _ FLOOR AREAS The property has been measured in accordance with the last edition of the Code of Measuring Practice issued by The Royal Institution of Chartered Surveyors. The internal floor areas are calculated as follows: FLOOR Sq Ft Sq M Third Floor 1,403 130.3 Second Floor 1,530 142.1 First Floor 1,873 174.0 Ground Floor 2,223 206.5 Basement 2,257 209.7 TOTAL NIA 9,286 862.7 TOTAL GIA 13,015 1,209.1 TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. OLD STREET | 346 Old Street, London, EC1V 9NQ _ FOR FURTHER INFORMATION PLEASE CONTACT JOINT SOLE AGENTS _ USE The property benefits from D1 use class _ TENURE Jonathan Vanstone – Walker The Freehold interest is available [email protected] | 020 7284 9044 _ PRICE James Keisner Offers in excess of £7,000,000. This represents a [email protected] | 020 7284 9057 low capital value of only £753 per sq ft on the Net Internal Area. The seller will consider a sale and leaseback on terms to be agreed _ VAT All figures quoted are exclusive of VAT if Jake Pater applicable [email protected] | 020 7253 2525 _ Adam Lewis EPC Rating ‘E - 105’ [email protected] | 020 7253 2525 February 2017 TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. .
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