Mixed-use Estate in Shoreditch
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Mixed-use Estate in Shoreditch

London, United Kingdom

79%

Offers invited

Mixed use

#35808

Value-Add

18 Feb 2025

Property Details

Broker

For sale

29,248 sq.ft.

2,717 m²

NIA

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

0.00 %

0.50 %

Investment Overview

Extending to 0.37 acres, the island site comprises a collection of 8 buildings with an extensive rear yard. The existing buildings provide a mix of office, retail, and residential accommodation providing a total of 29,248 sq ft NIA. Located at the boundary of Shoreditch and the City of London, the estate has prominent frontages on to Shoreditch High Street. Passing off a highly reversionary annual rent of £439,519 (£17.48 per sq ft average) the estate has multiple asset management opportunities. With vacant possession achievable within 12 months, the site has significant redevelopment potential, capable of delivering 103,700 sq ft GIA, across a range of uses, including office, hotel, and residential, subject to the necessary consents and neighbourly matters. Situated at the junction of the City and Shoreditch, the site benefits from a vibrant collection of amenities including impressive retail, hospitality, and F&B offerings.

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