Freehold Retail, Office and Residential Conversion Opportunity (stc)
Attractive 5 Storey Office Building
Historic City of London Location 100m from Temple Church and Temple Inns of Court
Residential Conversion Potential (subject to consents)
Asset Management Potential
No VAT
Extremely Well Connected 350m to City Thameslink and 400m to Blackfriars Station
Neighbouring Occupiers include KFC, Leon, Premier Inn, Paul, Hyatt and Tesco
Lot 21
Auction 2nd November 2023
Vacant Possession
Status Withdrawn Prior
Price
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
350m west of City Thameslink, 400m north west of Blackfriars, 700m west of St Pauls Cathedral
Roads
A1, A4
Rail
City Thameslink (National Rail) & Blackfriars Underground (National Rail, Circle & District Lines), Temple Underground (Circle & District Lines), Chancery Lane (Central Lines)
Air
London Heathrow and London City Airport
Situation
The property is located in the heart of the City of London on the south side of Fleet Street, close to it’s junction with Fetter Lane. The local quarter known as Temple is well established as London's legal quarter with the historic Inn of Court and other major occupiers including Goldman Sachs, Deloitte LLP, Taylors Wessing Solicitors and The Royal Courts of Justice. Blackfriars Railway Station is 400m east offering National Rail and Circle & District lines. The immediate area is predominantly office tenants with other nearby occupiers including KFC, Leon, Premier Inn, Paul, Hyatt and Tesco.
Tenure
Freehold.
Location
Miles
350m west of City Thameslink, 400m north west of Blackfriars, 700m west of St Pauls Cathedral
Roads
A1, A4
Rail
City Thameslink (National Rail) & Blackfriars Underground (National Rail, Circle & District Lines), Temple Underground (Circle & District Lines), Chancery Lane (Central Lines)
Air
London Heathrow and London City Airport
Situation
The property is located in the heart of the City of London on the south side of Fleet Street, close to it’s junction with Fetter Lane. The local quarter known as Temple is well established as London's legal quarter with the historic Inn of Court and other major occupiers including Goldman Sachs, Deloitte LLP, Taylors Wessing Solicitors and The Royal Courts of Justice. Blackfriars Railway Station is 400m east offering National Rail and Circle & District lines. The immediate area is predominantly office tenants with other nearby occupiers including KFC, Leon, Premier Inn, Paul, Hyatt and Tesco.
Tenure
Freehold.
Description
The property comprises an attractive mid terraced stone fronted building with a retail unit on the ground floor and basement and office accommodation on the first, second, third and fourth floors. The property does not appear to be listed by Historic England and may benefit from residential conversion of the upper parts subject to consents.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Band E
Description
The property comprises an attractive mid terraced stone fronted building with a retail unit on the ground floor and basement and office accommodation on the first, second, third and fourth floors. The property does not appear to be listed by Historic England and may benefit from residential conversion of the upper parts subject to consents.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
Band E
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Possession
Ground Basement First Second Third Fourth
Retail Ancillary Office Office Office Office
39.30 44.80 35.95 33.75 20.85 15.90
(423) (482) (387) (363) (224) (171)
VACANT POSSESSION
Total Approximate Floor Area
190.55
(2,050)
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/results)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
