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Bastwick Street, Clerkenwell, London EC1V

OPPORTUNITY TO DEVELOP A NEW HIGH SPECIFICATION OFFICE BUILDING IN THE HEART OF CLERKENWELL CREATING SIGNIFICANT VALUE ENHANCEMENT
For sale
  • Bastwick Street is prominently located in the heart of Clerkenwell, close to the junction with Central Street.
  • Currently the property comprises a commercial warehouse building.
  • Freehold.
  • A planning application has been submitted to Islington Council for a new office scheme designed by Bowen Architects providing 15,675 sq ft (1,466.5 sq m) NIA / 19,289.50 sq ft (1,792 sq m) GIA.
  • To be sold on a subject to planning basis with vacant possession.
  • We are instructed to invite offers in excess of £5,000,000 (Five Million Pounds), subject to contract and exclusive of VAT.
  • A sale at this level reflects £320 per sq ft Capital Value on the proposed NIA (£260 per sq ft GIA).
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