|Deal type||Development without income
|Capital value (PSF)||£850.00
|Size (GIA)||7,945 sq ft
Rare freehold Victorian warehouse property in Clerkenwell
7,945 sq ft (GIA) of accommodation
Vacant possession achievable following a six month leaseback to current tenants
Refurbishment opportunity to create a self contained HQ building
Ideally suited for owner-occupiers or property companies
Equidistant from Barbican, Angel and Farringdon Underground stations
Original character features including exposed timber beams
The property is situated on the secluded street, Berry Place, just off the junction of Sebastian Street and Goswell Road. Located in the thriving submarket Clerkenwell, the property is equidistant between Barbican and Angel underground stations, both 10 minutes walk from the property. Farringdon Station is also 10 minutes walk from Berry Place, which will be the location of a new Crossrail station when works complete in 2018.
Clerkenwell is one of the fastest evolving markets in London, with with many well-known household names moving to the area including Airbnb.
Local authority: London Borough of Islington
* All sizes NIA
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London City 6.9m, London Gatwick 26.4m
Farringdon 0.5m, Old Street 0.5m, City Thameslink 0.9m
Barbican 0.5m, Farringdon 0.5m, Angel 0.5m
We have been instructed to invite offers in excess of £6,750,000 for the freehold interest in 1 Berry Place, EC1.
The property is let in its entirety to Kandor Model Makers. They will require a 6 month leaseback upon completion in order to relocate, but full vacant possession will be achievable at the end of this leaseback.
The property is not listed and is not situated in any conservation area
A rare opportunity to acquire a freehold Victorian warehouse with original features situated in a quiet courtyard in Clerkenwell.
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a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
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