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2 Angel Mews - Angel Square 5,971 sq ft Retail Unit Offered at £2,500,000 in London EC1V 1NY
Investment Highlights
- Lower GF & basement of a newly constructed office block
- Located adjacent to Angel TFL Station
- Fully licensed 116 year virtual freehold premises
- Internal ground floor capacity of 250
Executive Summary
Scheme comprises application for full planning permission for the partial demolition of the existing building, construction of two new floors, reconfiguration of floor space and renewal of the existing facades to provide new office floor space (use class e), retail floor space (use class e), a replacement public house (sui generis), plus new access arrangements, landscaping improvements, new public realm and other associated works. Sustainable information this development has been designed to achieve BREEAM Outstanding rating. This project has been designed using Building Information Modelling ( BIM ).This project also includes associated infrastructure works.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
The current plans consist of a bar/restaurant although the configuration of floor areas and sizes are highly conducive to all alternative uses i.e. retail/CTN (STLC).
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit B & LL | 5,971 sq ft | Retail | £2,500,000 (£418.69/sq ft) | - |
Unit B & LL
| Unit Size |
| 5,971 sq ft |
| Unit Use |
| Retail |
| Price |
| £2,500,000 (£418.69/sq ft) |
| NOI |
| - |
Unit B & LL
| Unit Size | 5,971 sq ft |
| Unit Use | Retail |
| Price | £2,500,000 (£418.69/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
|
The Subject forms the lower ground and basement areas of a newly constructed £117m office building totalling eight floors offering circa 2,000 new desks. The premises is situated next to the main entrance of Angel Square (the building) and has been designed to offer an exemplar contemporary accommodation, with the highest environmental credentials. The current plans consist of a bar/restaurant although the configuration of floor areas and sizes are highly conducive to all alternative uses i.e. retail/CTN (STLC). |
|
| Sale Notes | |
| Virtual freehold - 116 years at a peppercorn rent. There will be a service charge to cover common area. |
Property Facts
| Total Property Size | 188,000 sq ft | Typical Floor Size | 21,559 sq ft |
| Property Type | Office (Unit) | Year Built | 2025 |
| Costar Property Class | B | Total Plot Size | 0.49 ac |
| Floors | 9 |
| Total Property Size | 188,000 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 9 |
| Typical Floor Size | 21,559 sq ft |
| Year Built | 2025 |
| Total Plot Size | 0.49 ac |
Amenities
- Bus Route
- Commuter Rail
- Public Transport
- Reception
- Storage Space
- Natural Light
- Reception
- Secure Storage
Presented by
2 Angel Mews - Angel Square
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