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352 – 358 CITY ROAD London EC1V 2PY Boundary line for illustration purposes only. 352 – 358 CITY ROAD London EC1V 2PY City Fringe Freehold Development / Occupier Opportunity 352 – 358 City Road London EC1V 2PY 2 SUMMARY LOCATION • Freehold 352-358 City Road is strategically located between Angel to the The property forms part of an attractive terrace, which along with north, Old Street / ‘Tech City’ to the south east, and Clerkenwell a similar terrace on the north side of the road are occupied by • Property comprising four interlinked and Farringdon to the south. Situated at the western end of City a wide variety of users. These include commercial users such as former Georgian townhouses Road, the surrounding location benefits from a diverse range of dentists, gyms, solicitors, charities, serviced offices and a childrens occupiers from the corporate, media, technology, fashion and nursery, and residential uses including backpacker hostels, • Previously in use as a residential hospitality industries. City Road is a key arterial road linking the serviced apartments and private homes. rehabilitation facility City of London with King’s Cross and Euston to the west and Old Street to the east. Local office occupiers include; Expedia Group, In recent years, the area has undergone significant regeneration. Nearby high profile developments includes Islington Square, N1, • Total area extending to approximately WeWork, Cancer Research, the National Autistics Society, Wayfair UK, and Ticketmaster International HQ. King’s Cross Quarter, N1, 250 City Road, EC1, White Collar Factor, 954.2 sq m (10,270 sq ft) GIA EC1, 1 Old Street Yard, EC1, The Bower, 2017-211 Old Street, EC1 and The southern end of Upper Street is 400 metres to the north west the Featherstone Building, 58-64 City Road, EC1. • 400 metres from Angel station and and is one of Islington’s and North London’s best known streets Upper Street with a vast array of bars, restaurants, pubs, cafes and nightclubs, as well as a high quality retail offer including the Angel Centre. • Suitable for a range of uses (subject to obtaining the necessary consents) • For sale with vacant possession 352 – 358 City Road London EC1V 2PY 3 CONNECTIVITY 352-358 City Road benefits from exceptional transport connectivity to the West End, and the City. Located in Zone 1, Angel station (Northern line) is situated 400 metres to the north. Old Street (Northern line) is 1.2 kilometres to the south east. Kings Cross/ St. Pancras International is 1.5 kilometres to the west. There are also numerous bus routes providing direct access across Central London. All potential Crossrail 2 routes include a station at Angel. APPROX. WALKING SERVICES STATION DISTANCE Northern line Angel 400 metres Northern line and National Rail services Old Street 1.2 km Northern, Victoria, Piccadilly, Circle, Kings Cross / St. Pancras Hammersmith & City and Metropolitan 1.5 km International lines, National Rail & Eurostar services Northern and Victoria lines, London Euston 2.4 km Overground and National Rail services 352 – 358 City Road London EC1V 2PY 4 THE PROPERTY 352-358 City Road comprises four interconnected Grade II Listed Georgian townhouses, extending to approximately 954.2 sq m (10,270 sq ft) GIA, arranged over lower ground, ground and three upper floors. The Property benefits from good levels of natural light throughout. The four properties are internally linked at all floor levels, with the exception of No. 352, which is unconnected to 354 at first and second floors. This interconnectivity offers significant occupational flexibility. The Property is arranged as a collection of rooms within the original extent of the building with the exception of a rear extension at lower ground level. The Property has been used as a drug rehabilitation centre for approximately 19 years with rooms used for offices, teaching rooms, clinical assessment rooms, kitchen and residents lounges on lower ground, ground and first floors. The majority of rooms at second and third floor have been used as bedrooms and bathrooms. The Property is currently accessed via its City Road frontage. Steps down from street level provide access to the external vaults and lower ground floors. To the rear of the Property, accessed from the lower ground floor level is an attractive open courtyard, as well as a small single storey out building. There is off-street car parking for approximately 8-9 cars off City Road. 352 – 358 City Road London EC1V 2PY 5 ACCOMMODATION PLANNING The Property has been independently measured by PRE Surveyors in accordance with the The Property is situated in the London Borough of Islington. It is Grade II listed, as part of RICS Property Measurement 2nd Edition (2018) and provides the following accommodation. a group listing, and is situated in the Duncan Terrace / Colebrooke Row conservation area. It is within the Central Activities Zone, where a number of potential uses are considered GIA GIA NIA NIA IPMS3 IPMS3 appropriate. FLOOR SQ. M. SQ. FT. SQ. M. SQ. FT. SQ. M. SQ. FT. Lower ground A summary note prepared by Savills Planning Department covering the property’s planning 281.5 3,030 218.0 2,349 391.3 4,212 (including vaults) history and policy context is available in the dataroom. Ground 174.4 1,877 96.0 1,035 102.1 1,099 EPC First 175.9 1,893 110.0 1,184 118.5 1,275 The building has an EPC rating of C. The Certificates and Recommendation Reports are available on the dataroom. Second 166.8 1,795 111.0 1,198 119.9 1,290 Third 155.6 1,675 112.0 1,204 117.9 1,269 Total 954.2 10,270 647.0 6,970 849.7 9,145 352 – 358 City Road London EC1V 2PY 6 BASEMENT FLOOR GROUND FLOOR Storage Storage W/C Down Down Down Games Room Storage Office Storage W/C Down Office Office External Area Up 110.17 sq m Up Up Up Down 1,186 sq ft Storage Circulation Circulation Circulation Circulation Storage Laundry Room Office Office Office Office Storage Circulation Boiler Room Circulation Front Entrance Front Entrance Front Entrance Front Entrance 8.15m Storage Area with a headroom of Bedroom CITY ROAD less than 1.5m. [3.19] Storage Area with a headroom of less than 1.5m. [3.19] Up Up Circulation Circulation Lounge 7.88m FIRST FLOOR Bedroom Dining Room Kitchen 4.56m 4.77m W/C W/C W/C Down Down Down Down External Area 41.59 sq m 448 sq ft W/C Office Bedroom Office Up Down Up Down Up Down Down Circulation Circulation Circulation Circulation Vault Vault Vault Vault Vault Vault Vault Vault Bedroom Bedroom Bedroom Office 352 – 358 City Road London EC1V 2PY 7 SECOND FLOOR W/C W/C W/C W/C Bedroom Bedroom Up Down Up Down Up Down Circulation Circulation Circulation Bedroom Bedroom Bedroom Bedroom THIRD FLOOR Shower Shower W/C W/C Storage W/C Bedroom Bedroom Down Down Circulation Circulation Circulation Down Bedroom Bedroom Bedroom Bedroom 352 – 358 City Road London EC1V 2PY 8 METHOD OF SALE CONTACT The Property is to be sold by way of Informal tender (unless sold prior). A Sean Cooper [email protected] deadline for offers will be provided in 020 7409 9948 due course. James Donger [email protected] VAT 020 7016 3841 The Property is not elected for VAT. Robert Buchele [email protected] FURTHER 020 7409 8007 Will Richards INFORMATION [email protected] Please contact the sole selling agents 020 7409 8059 should you wish to inspect the property. A dedicated project data room has been Chloe Nolan set up and interested parties are able to [email protected] register for login details at: 020 7409 8013 www.savills.com/352_358cityroad IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | June 2019.
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