17-25 New Inn Yard - Office FOR SALE


London, LND EC2A 3EA
$14,500,000 USD
808-501-2728
17-25 New Inn Yard, London, LND for Sale
$14,500,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

17-25 New Inn Yard
London, LND EC2A 3EA


HIGHLIGHTS

  • Situated in the heart of the Shoreditch, moments from Old Street’s Silicon Roundabout, the epicentre of the UK’s booming tech sector
  • Excellent connectivity, situated within 600 metres of Old Street Station, 250 metres of Shoreditch High Street Station and 700 metres of Liverpool Street Station, providing convenient access to the new Elizabeth Line
  • HQ style office building comprising Net Internal Area 26,340 sq ft (2,447.0 sqm) arranged of LG, G and three upper floors
  • White Red Architects have undertaken an initial feasibility study outlining the potential to add massing and increase the existing floor area to 45,640 sq ft (NIA), subject to planning
  • White Red Architects have explored alternative uses for the property which include hotel, subject to planning

OVERVIEW

17-25 New Inn Yard is positioned in a strategic Central London location, where the Old Street / Shoreditch sub-market meet the City Core via Moorgate and Liverpool Street. The area is home to many of the UK’s most innovative and successful tech companies, of which several have grown into unicorns with international coverage. While the Old Street district is regarded as a tech hub, home to technology, media and creative industries, the City Core is regarded as the world’s leading financial centre with major global occupiers, providing a diverse tenant mix in this micro-location. Prime Shoreditch Freehold Development Opportunity 17-25 New Inn Yard comprises 26,340 sq ft of office accommodation arranged over Lower Ground, Ground and three upper floors. The building was originally constructed in 1891, but was most recently comprehensively refurbished and repositioned with a new entrance/reception area in 2003. The office floors range from 2,828 sq ft to 7,064 sq ft and benefit from excellent levels of natural light throughout, with windows on all elevations. Situated in the heart of the Shoreditch, moments from Old Street’s Silicon Roundabout, the epicentre of the UK’s booming tech sector Excellent connectivity, situated within 600 metres of Old Street Station, 250 metres of Shoreditch High Street Station and 700 metres of Liverpool Street Station, providing convenient access to the new Elizabeth Line HQ style office building comprising Net Internal Area 26,340 sq ft (2,447.0 sqm) arranged of LG, G and three upper floors White Red Architects have undertaken an initial feasibility study outlining the potential to add massing and increase the existing floor area to 45,640 sq ft (NIA), subject to planning White Red Architects have explored alternative uses for the property which include hotel, subject to planning 17-25 New Inn Yard provides various opportunities to substantially reposition the existing buildings through refurbishment, redevelopment or alternative uses. White Red Architects have designed an office led scheme which features a full redevelopment the existing building, additional massing, and a 72% increase in Net Internal Area. The proposed schemes provide the opportunity to significantly improve the buildings internal layout to serve modern day office standards whilst also delivering enhanced servicing and external terrace amenity space. White Red have also prepared a study to demonstrate possible conversion to hotel use that could provide a building of approximately 67,695 sq ft across c.100-105 rooms, subject to planning.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

EGL206643,EGL504968

ASK ABOUT THIS PROPERTY

Kyle JossComptonMore Info
808-501-2728

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Kyle JossComptonMore Info
808-501-2728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.