1-3 Wenlock Road, London, N1 7GH

Description
1–3 Wenlock Road offers a recently refurbished ground floor office suite with full vacant possession, forming part of a mixed-use development completed in 2016. The property comprises two open plan office units and ancillary basement storage, totalling 8,390 sq ft. The offices are positioned on either side of the building’s central core, with dual access from the front and rear gardens. The refurbishment, completed in November 2024, delivers a modern workspace with future-proofed sustainability credentials, including an EPC rating of C and BREEAM Very Good.

Location
Located within the Old Street Roundabout technology cluster, the property is surrounded by major occupiers such as Amazon, Adobe, and Google. Just 600m from Old Street Station, it offers access to underground and national rail services, with additional connectivity via the Elizabeth Line and London Overground, linking to Central London, Greater London, and beyond.

Terms
Offers are invited at £5,200,000 for the Virtual Freehold interest, subject to contract and exclusive of VAT. An asset purchase at this level reflect an attractive capital value of £620 per sq. ft.

Specifications
• Tenure: Virtual freehold (999 years from 2015)
• Possession: Full vacant possession
• Refurbishment: Completed November 2024
• Layout: Two open plan office units
• Access: Front and rear garden entrances
• Sustainability: EPC C, BREEAM Very Good
• Offers are invited for the Virtual Freehold interest

Tenure
The Property is held on a 999-year virtual freehold expiring on 17th July 3015, which provides 990-year unexpired.

The current ground rent is £250 per annum.

Tenancy
There is a lease in place, but this will be dissolved and the building will be offered with full vacant possession.