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Office for sale

26 & 28 Leonard Street, London, United Kingdom EC2A 4BY

Sold STC £17,500,000
18,465 sq. ft.

Property Description

Commercial information

  • 18,465 sq ft (1,715 sq m)

Key features

  • Unique office premises in a striking property occupying a superb position in Shoreditch
  • Two self-containedspaces totalling 18,465 sq ft over first,ground and garden floors
  • Virtual Freehold( 993 Years Unexpired)
  • Sought after locationin the heart of Shoreditch, two minutes fromOld Street Roundabout, popular withtechnology, fashion and media occupiers
  • Ground and garden floors ( 12,670 sq ft) providing vacant possession
  • First floor (5,795 sq ft) let until 26/1/2024
  • High Reversion- upcoming rent review 26/1/2019
  • Local evidence tosupport rents in excess of 65 psf
  • Asset management opportunity to enhance value and/or future development potential subject to planning

Full description

Seeking offers in excess of £17.5m (£948 per sq ft capital value) for the Virtual Freehold interest.

Located on the south side of Leonard Street, a well known throughfare, close to its junction with
City Road, a well known street located south of Old Street. The property is in the centre of Shoreditch’s arts and cultural scene. The area is also popular with various tech businesses, and is
a stones throw from Old Street Roundabout, where new emerging companies are situated amongst fast growing and established businesses.

This mixed-use building was built in 2012 and its architecture complements the surrounding
area perfectly. The ground and garden floor unit benefits from street frontage and are offered with vacant possession. The first floor is occupied by Ostmodern and the space also has a
dedicated entrance onto Leonard Street.

The property is located in the diverse and fashionable area of Shoreditch in the London Borough of Islington and neighbours the financial district of London.

The transport links surrounding Leonard Street are plentiful, with numerous bus routes nearby.
Old Street station is within a two minute walk with underground services linking King’s Cross, the City and London Bridge, as well as mainline services to the north.

Moorgate and Shoreditch High Street are also in the area, as well as Liverpool Street linking mainline commuter services with the underground network. From 2018 the introduction of Crossrail (The Elizabeth Line) will make the area even more accessible.

Map & Street View

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