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For Sale

Old Street

259 City Road, EC1V 1AG

Availability (1)

6,850 Ft2

£4,250,000

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  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Documents
  1. Introduction

    Vacant 6,850 sq ft virtual freehold for sale in the heart of Tech City

    Property Details

    Developer
    Architects UN Studio
    Tenure
    Long Leasehold
    Lease Term
    Long Leasehold for a term of 999 years.
    Price
    Quoting offers in excess of £4,250,000 equating to £620 Per Sq Ft.
    VAT
    The property is elected for VAT
    Possession
    Available
    Legal Costs
    Each party to bear their own legal costs in this transaction
    Local Authority
    The London Borough of Islington

    Description

    Planning Usage: B1 Business / Office

    259 City Road sits proudly on the corner of City Road and Wharf Road and provides 6,850 Sq Ft of office space in one of London’s most creative districts with ceiling heights up to 5.3 meters.

    Hoxton and Shoreditch have long been hailed as the place for start-ups, fashion brands, architect firms, media and advertising companies due to the area’s abundance in Victorian warehouses and workhouses. These unusual spaces lured the creative masses to the area with Hoxton in particular being a residency for young artists since the 1980s which in turn spawned a number of exciting bars, galleries, boutiques and restaurants.

    The area now coined ‘Tech City’ is now home to some of the globes most west known brands and is now considered one of London’s most sought after districts.

    Amenities

    1. Virtual Freehold
    2. Shell & Core Condition
    3. Fully Self-contained
    4. Extensive Street Frontage onto City Road
    5. A short walk to both Old Street & Angel Stations
    6. B1 Usage
    7. Development designed by renowned architects UN Studio
    8. 5.3 meter floor to ceiling height on Ground Floor
    9. 3 meter floor to ceiling height on Lower Ground Floor
    10. Full height glazing on Ground Floor offering excellent branding opportunities
    11. Opportunity to install mezzanine(s) to increase floor area.
    12. Quoting offers in excess of £4,250,000 equating to £620 Per Sq Ft.

    Availability (1)

    FloorSize (Ft2 | M2)Price (sale | /Ft2)Planning UsageStatus
    Ground5,075£4,250,000B1Available
    Lower Ground1,775B1
    Total / Avgs.6,850£4,250,000
  2. Location

    259 City Road,
    London EC1V 1AG

  3. Transport

    Angel
    Northern
    Old Street
    Northern
    National Rail Services
  4. E.P.C

    To be provided in due course.

  5. Other Documents

    MARKETING BROCHURE

MISREPRESENTATION ACT — These particulars do not form part of any offer of contract. They are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to their accuracy. Unless otherwise stated, all prices/rents are quoted exclusive of vat. All terms and information provided is subject to contract & without prejudice.