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17-25 New Inn Yard 26,340 sq ft Office Property London EC2A 3EA £11,500,000 (£436.60/sq ft)

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INVESTMENT HIGHLIGHTS

  • Situated in the heart of the Shoreditch, moments from Old Street’s Silicon Roundabout, the epicentre of the UK’s booming tech sector.
  • HQ style office building comprising Net Internal Area 26,340 sq ft (2,447.0 sqm) arranged of LG, G and three upper floors.
  • White Red Architects have explored alternative uses for the property which include hotel, subject to planning.
  • Excellent connectivity, situated within 600 metres of Old Street Station, 250 metres of Shoreditch High Street Station and 700 metres of Liverpool Street Station, providing convenient access to the new Elizabeth Line.
  • White Red Architects have undertaken an initial feasibility study outlining the potential to add massing and increase the existing floor area to 45,640 sq ft (NIA), subject to planning.

EXECUTIVE SUMMARY

17-25 New Inn Yard is positioned in a strategic Central London location, where the Old Street / Shoreditch sub-market meet the City Core via Moorgate and Liverpool Street. The area is home to many of the UK’s most innovative and successful tech companies, of which several have grown into unicorns with international coverage. While the Old Street district is regarded as a tech hub, home to technology, media and creative industries, the City Core is regarded as the world’s leading financial centre with major global occupiers, providing a diverse tenant mix in this micro-location.
Prime Shoreditch Freehold Development Opportunity 17-25 New Inn Yard comprises 26,340 sq ft of office accommodation arranged over Lower Ground, Ground and three upper floors. The building was originally constructed in 1891, but was most recently comprehensively refurbished and repositioned with a new entrance/reception area in 2003. The office floors range from 2,828 sq ft to 7,064 sq ft and benefit from excellent levels of natural light throughout, with windows on all elevations.
Situated in the heart of the Shoreditch, moments from Old Street’s Silicon Roundabout, the epicentre of the UK’s booming tech sector Excellent connectivity, situated within 600 metres of Old Street Station, 250 metres of Shoreditch High Street Station and 700 metres of Liverpool Street Station, providing convenient access to the new Elizabeth Line HQ style office building comprising Net Internal Area 26,340 sq ft (2,447.0 sqm) arranged of LG, G and three upper floors White Red Architects have undertaken an initial feasibility study outlining the potential to add massing and increase the existing floor area to 45,640 sq ft (NIA), subject to planning White Red Architects have explored alternative uses for the property which include hotel, subject to planning 17-25 New Inn Yard provides various opportunities to substantially reposition the existing buildings through refurbishment, redevelopment or alternative uses. White Red Architects have designed an office led scheme which features a full redevelopment the existing building, additional massing, and a 72% increase in Net Internal Area. The proposed schemes provide the opportunity to significantly improve the buildings internal layout to serve modern day office standards whilst also delivering enhanced servicing and external terrace amenity space. White Red have also prepared a study to demonstrate possible conversion to hotel use that could provide a building of approximately 67,695 sq ft across c.100-105 rooms, subject to planning.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Property Size
26,340 sq ft
Costar Property Class
B
Year Built/Renovated
1891/2003
Price
£11,500,000
Price per sq ft
£436.60
Tenancy
Single
Number of Floors
5
Typical Floor Size
5,268 sq ft

AMENITIES

  • Security System
  • Storage Space

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • -
  • 17,328 sq ft
  • -
  • -

Amnesty International UK works to protect people wherever justice, freedom, truth and dignity are denied. As a global movement of over ten million people, Amnesty International is the world's largest grassroots human rights organization. They investigate and expose abuses, educate and mobilize the public, and help transform societies to create a safer, more just world. They received the Nobel Peace Prize for their life-saving work.

TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
- 17,328 sq ft - -
  • Listing ID: 33301931

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 17-25 New Inn Yard, London EC2A 3EA

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