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Finsbury House 23 Finsbury Circ 29,233 sq ft 100% Let Office Property London EC2M 7EA £9,500,000 (£324.98/sq ft)



INVESTMENT HIGHLIGHTS
- Highly prominent corner site.
- Excellent floor plates.
- New long leasehold from The City Bridge Foundation.
- Fully stripped our to shell and core.
- GPAD consented scheme to deliver best in class offices.
EXECUTIVE SUMMARY
A prime, fully consented, office redevelopment in the heart of the City Core Finsbury House was originally constructed in the 1890’s by Gordon, Lowther & Gunton, and forms part of the wider Finsbury Circus estate which was laid out between 1775-1800 by George Dance (the Younger), the first in London to use formal planning. Now fully vacant, Finsbury House is an office building arranged over lower ground, ground, mezzanine and five upper floors. The building has been fully stripped out including all plant and M&E to provide a gross internal area of 39,607 sq ft.
Highly prominent corner site Fully stripped our to shell and core Excellent floor plates GPAD consented scheme to deliver best in class offices New long leasehold from The City Bridge Foundation The consented scheme has been designed to the following specification: - 1:8 workplace density - 2.95m floor to ceiling - 70.2 sq m roof terrace - 45 secure cycling spaces - 5 Showers - 27 WCs The property is to be sold with vacant possession.
Offers are sought in excess of £9,500,000 for a new long leasehold, subject to contract and exclusive of VAT. A purchase at this level reflects a capital value of only £385 per sq ft on the net internal area of the consented scheme.
PROPERTY FACTS Under Offer
AMENITIES
- 24 Hour Access
- Bus Route
- Lift Access
- Perimeter Trunking
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
Arbuthnot has a history of over 184 years successfully serving its customers, with a long track record of profitability that has seen it adapt and grow in a continually changing world.
We thoroughly believe that each project is a joint venture, we are only as capable as the sum of our parts (from design teams through to our management team and supply chain). The best way to ensure we are all able to achieve our collective goals is to work collectively, collaboratively, part of a team. This team ethic has ensured we are able to build up a client-base, a consultant-base, a subcontractor-base and a supplier-base that understands, and shares, our working principles.
- Fairlop Road Residents Limited
- -
- 400 sq ft
- -
- -
- Frank-symons Ltd
- -
- 400 sq ft
- -
- -
- Mainframe Consulting
- -
- 500 sq ft
- -
- -
Redmayne-Bentley was established in 1875 and today is now one of the leading independently owned private client stockbrokers in the UK.
- One Avenue Group
- -
- 2,623 sq ft
- -
- Apr 2027
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
|
- | 1,893 sq ft | - | - | ||
|
- | 4,358 sq ft | - | Jun 2027 | ||
| Fairlop Road Residents Limited | - | 400 sq ft | - | - | ||
| Frank-symons Ltd | - | 400 sq ft | - | - | ||
| Mainframe Consulting | - | 500 sq ft | - | - | ||
| Minnie Business Systems Limited | - | 400 sq ft | - | - | ||
| One Avenue Group | - | 2,623 sq ft | - | Apr 2027 |
Presented by
Finsbury House | 23 Finsbury Circ
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