12-18 Hoxton Street, Hoxton, N1 6NG
£371.32 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
26,931 sq ft
2,502 sq m
- SECTOR
Office for sale
- USE CLASSUse class orders: C1 Hotels and C3 Dwelling Houses
C1, C3
Key features
- Highly Prominent corner Freehold building
- Prime Hoxton location within walking distance of Old Street Station
- Hoxton is one of London’s most fashionable office sub markets
- Currently comprising 26,931 sq ft (GIA) (2,502 sq m) of office accommodation over basement, ground, first to third floors
- Opportunity to create an earlier block date
- Feasibility study carried out by White-Red Architects outlining potential to carry out a complete redevelopment of the existing building and increase the floor area to 51,470 sq ft (GIA) (4,780 sq m)
- Suitable for a range of alternative uses to include hotel, aparthotel or co-living, subject to the necessary consents
- Offers in excess of £10,000,000, subject to contract for the freehold interest. A purchase at this level reflects a highly attractive capital value of £371 per sq ft on the existing Gross Internal
Description
Hoxton Studios comprises a Victorian warehouse building dating from the 1890s, providing a Gross Internal Area (GIA) of 26,931 sq ft (2,502 sq m) of office accommodation arranged over basement, ground, and three upper floors.
The building offers typical upper floorplates of approximately 5,900 sq ft (GIA), each currently configured as a series of studio units.
All floors are centred around a central atrium, providing excellent levels of natural light throughout the existing office accommodation.
Location
Shoreditch / Hoxton has fast become one of London’s most diverse and fashionable commercial districts. Known for its iconic mixture of original
Victorian warehouses, modern developments and unique leisure and amenity offerings, Shoreditch has attracted a wide range of occupiers which provide a unique blend of exciting start-ups and global blue-chip companies. These include Monzo, Adobe, Farfetch, and Jaguar Land Rover.
The Opportunity
Hoxton Studios presents a compelling opportunity for substantial value enhancement through refurbishment, redevelopment, or conversion to
alternative uses, subject to the necessary consents.
White-Red Architects have developed three design-led schemes, ranging from a light-touch refurbishment to a full redevelopment, with the potential to increase the Gross Internal Area to as much as 51,470 sq ft.
Brochures
12-18 Hoxton Street, Hoxton, N1 6NG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hoxton Station0.3 miles
- Old Street Station0.4 miles
- Shoreditch High Street Station0.4 miles
Notes
Disclaimer - Property reference 303212-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Compton, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.