Land for sale

Exceptional Freehold Opportunity in Prime Shoreditch / Old Street Location

This superb, prominent corner building is situated on the south side of City Road, close to Old Street, in the heart of London’s vibrant Tech City. It would make an ideal base for an international showroom, designer, creative business, or retailer seeking residential accommodation above. The layout offers versatility, strong asset fundamentals, and excellent revaluation prospects.

LOCATION
Surrounded by the prestigious Atlas apartment building, the Montcalm Hotel, and other local landmarks, as well as major retail names, the property benefits from excellent visibility and high footfall in this buzzing part of London. The building’s traditional architecture and beautiful façade — a converted former pub — contrasts strikingly with the surrounding ultra-modern developments, making this asset even more distinctive. Old Street Roundabout (“Silicon Roundabout”) is a short walk away, providing direct access to the Northern Line and National Rail services. The area is home to a thriving mix of technology companies, creative agencies, bars, and fashionable restaurants, attracting both occupiers and investors.

DESCRIPTION
The property offers a Gross Internal Area (GIA) of approximately 5,253 sq ft over five floors. The ground and basement levels extend to around 3,000 sq ft and are occupied by an impressive showroom with generous ceiling heights on the ground floor and expansive basement accommodation.

The upper floors comprise a triplex three-bedroom, two-bathroom maisonette with its own separate entrance and stunning period features. This residence extends to approximately 2,200 sq ft, with an additional 724 sq ft roof garden. The upper three levels include a modern kitchen-dining area connected to the staircase and reception room, both opening onto the exceptional roof terrace — complete with mature trees and a Mediterranean feel, a rare feature in this location.

The top two floors provide three bedrooms and two bathrooms, with the entire uppermost floor dedicated to the primary suite. This includes an enormous walk-in wardrobe and a luxurious bathroom with one of the largest shower areas we have encountered. The home has been carefully renovated to combine period charm with contemporary design, offering generous floor-to-ceiling heights and excellent natural light.

TENURE
Freehold.

BUSINESS RATES
Rateable value for ground and basement, according to the VOA is £29,000 (2023 to present) and rates payable in region of £14,500 per annum. Interested parties are advised to make their own enquiries with the Local Authority.

EPC
Rating: D

SALE
Offers in excess of £3,800,000 for the freehold interest, exclusive of VAT (if applicable).

VAT
To be advised.