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For Sale

Hoxton

Shoreditch Stables , 66 Buttesland Street , N1 6BY

Availability (1)

18,975 Ft2

£13,450,000

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

    A UNIQUE OPPORTUNITY TO ACQUIRE A PIECE OF LONDON HISTORY. FREEHOLD FOR SALE WITH VACANT POSSESSION.

    Property Details

    Tenure
    The property is held Freehold.
    Listed Status
    Part Grade II Listed.
    Planning Permission
    Details of the planning permission can be found here: http://hackney.hk/2017/3411/info
    VAT
    Applicable.
    Local Authority
    The London Borough of Hackney.

    Description

    Planning Usage: B1 Business / Office

    66 Buttesland Street was built in 1895 as a stable, and was described in the Shoreditch Observer as a ‘large fine depot, a substantial and serviceable building with healthy and comfortable accommodation for 180 horses’. It sits behind a row of houses on Buttesland Street, all constructed between 1810-35.

    The premises, known as the Pitfield Street Depot, was built by G Parker of Peckham, with steelwork by Newton Chambers Co, and opened in December 1895. In the early part of the 20th Century, motor power began to overtake horsepower, and the last LGOC horse-drawn omnibus ran on 18 October 1911.

    The LGOC sold the leasehold of most of the site to the Eastern Motor Wagon Company, which made it its headquarters and whose fleet of 31 steam lorries undertook local haulage work.

    The premises was acquired in the early 1930s by Cromer Cars, who made further changes to the former covered yard, inserting the concrete mezzanine gallery which was originally fitted with a gantry and overhead travelling crane. Since 1965 the premises has been occupied by the current tenant, Wharfside furniture company.

    Characterised by its attractive warehouse style buildings and vibrant cultural atmosphere, Hoxton, has over recent years become increasingly fashionable to both occupiers and investors alike. The sub-market has become synonymous with the rapidly expanding Tech, Fin-Tech and Design industries.

    The area constantly evolves and breaks boundaries with new emerging food trends, a growing number of boutique retail brands, a cutting edge arts scene and an overwhelming choice of cocktail bars, cafes, pubs and pop up events spaces. It is easy to see why the area continues to attract forward-thinking businesses who are drawn to the amenity offering as well as the creative environment.

    Amenities

    1. Self contained former stables in the heart of Hoxton
    2. Freehold
    3. Comprises 18,975 sq ft GIA over ground and first floors
    4. Unique opportunity for owner occupiers, developers and investors
    5. Planning permission has been obtained to undertake a compressive refurbishment and change the use to B1a office
    6. Within close proximity to Old Street, Angel and Hoxton stations
    7. The vendor is seeking offers in excess of £13,450,000.00 (Thirteen Million, Four Hundred and Fifty Thousand Pounds) equating to £708.00 /sq ft

    Availability (1)

    FloorSize (Ft2 | M2)Price (sale | /Ft2)Planning UsageStatus
    Ground & 1st 18,975£13,450,000B1Available
    Total / Avgs.18,975£13,450,000
  2. Location

    Shoreditch Stables ,
    66 Buttesland Street ,
    London N1 6BY

  3. Transport

    Old Street
    Northern
    National Rail Services
    Hoxton
    London Overground
  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.