Commercial Office Building For Sale in Haggerston, London

This property is marketed by:
Strettons

Freehold Class E and F1 (Education) Opportunity For Sale in Haggerston, London

Key Features

• Ground and first floor offering Class E & F1 (Education)
• Well positioned along Regent’s Canal fronting De Beauvoir Crescent
• Fully let to SAE Education Limited at a passing rent of £217,675 per annum
• Offers invited £2,500,000 reflecting an attractive capital value of £287 per square foot based on the NIA
• Freehold title, with remainder of floors sold off
• Offered with full vacant possession from 1st February 2027
• Net internal area of 8,707 sq ft

Description

Bankstock Building comprises a seven storey, mixed-use building of concrete frame construction, originally dating from the 1930s. It is arranged over lower ground, ground and five upper floors with commercial accommodation on the lower ground to third floors and residential use on fourth and fifth floors. The freehold title is offered for sale together with the ground and first floor commercial accommodation, totalling 8,707 sq ft. The rest of the building has been sold off on long leases. The space has been fitted out and sub divided by the current occupier into a range of recording studios, classrooms and offices. The property also benefits from two secure car parking spaces in the basement car park.