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MapHouse for sale
328 City Road, 7-8 Wakley Street, London, EC1V 7LT
House
22364
Key information
Features and description
- Consented Freehold residential development/ conversion opportunity.
- Located within London’s established ‘tech belt’, approximately 0.2 miles from Angel Underground Station and 0.7 miles from Old Street Station.
- Existing accommodation extends to approximately 22,364 sq ft (GIA) / 18,281 sq ft (NIA) across three buildings, spanning: lower ground, ground and five upper floors
- To be sold with vacant possession.
- The asset benefits from four planning consents, which allow the conversion of the entire asset into 24 residential units and a ground floor self-contained E-Class commercial unit
- The consented scheme provides a total of 20,691 sq ft / 1,922.2 sq m (NSA)
Description
The site comprises three interconnected buildings of varying scale:
• 7-8 Wakley Street arranged over ground to second floors
• 328 City Road arranged over ground to fifth floors
• Central courtyard building arranged over lower ground to first floors
The existing net internal area extends to approximately 18,281 sq ft (NIA).
Location
328 City Road & 7–8 Wakley Street is strategically positioned within EC1, one of Central London’s most dynamic and well-connected submarkets, in
the heart of the ‘tech belt’ spanning King’s Cross, Clerkenwell, Farringdon and Old Street.
The property occupies an island block bounded by City Road, Goswell Road, Wakley Street and Hall Street. The immediate area offers a vibrant mix of retail, dining, cultural and lifestyle amenities including Sadler’s Wells Theatre, O2 Academy Islington, Almeida Theatre, Screen on the Green, Exmouth
Market Islington High Street and Angel Central.
The site comprises three interconnected buildings of varying scale:
• 7-8 Wakley Street arranged over ground to second floors
• 328 City Road arranged over ground to fifth floors
• Central courtyard building arranged over lower ground to first floors
The existing net internal area extends to approximately 18,281 sq ft (NIA).
Location
328 City Road & 7–8 Wakley Street is strategically positioned within EC1, one of Central London’s most dynamic and well-connected submarkets, in
the heart of the ‘tech belt’ spanning King’s Cross, Clerkenwell, Farringdon and Old Street.
The property occupies an island block bounded by City Road, Goswell Road, Wakley Street and Hall Street. The immediate area offers a vibrant mix of retail, dining, cultural and lifestyle amenities including Sadler’s Wells Theatre, O2 Academy Islington, Almeida Theatre, Screen on the Green, Exmouth
Market Islington High Street and Angel Central.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.