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The property comprises a self-contained office suite in the heart of Central London.
Arranged across ground and first floors, the property is accessed via a brick-lined undercroft from Warner Street and offers modern, contemporary, office accommodation suitable for a variety of occupiers.
The property has recently been refurbished to the below specifications:
Clerkenwell is a popular commercial and residential location in Central London. The property is within walking distance of a number of Underground Stations as well as Farringdon and Kings Cross St Pancras Rail Stations.
Tenure
Long Leasehold - 125 Years (less 10 days) from 26 March 2015
Tenancy
Whilst the property is currently vacant, there is potential to create a high yielding retail investment. The estimated rental value for the unit is approximately £135,000-£155,000 (£40-£45 per sq ft) which represents a potential gross yield of 13.5% - 15.5% on Guide Price.
Planning
Whilst there are no extant planning consents, the property may suit conversion to alternative uses, including residential (subject to obtaining the requisite consents).
Notes
Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.