FreeholdLocated in the heart of Bethnal Green, one of London’s most up diverse, fastest growing and vibrant districtsThe property occupiers a prominent corner position on Victoria Park Square with extensive views overlooking Museum Gardens18 Victorian Park Square benefits from superb connectivity being 160m from Bethnal Green Underground Station (Central Line) running into Liverpool Street Station in 3 minutesThe property comprises two buildings, an impressive period building to the front and large1960s building to the rearComprises 11,615 sq ft of office accommodation arranged across the two buildings over lower ground, ground, first and second floors with the benefit of onsite parkingSignificant development opportunity with potential to increase massing with extension to the rearPotential for a wide variety of uses such as hotel, residential and offices subject to planningSold with Vacant PossessionOffers are invited in excess of £4,950,000 subject to contract and exclusive of VATA sale at this level reflects a low capital value of £426 per sq ft
A prominent building with a Victorian aesthetic 18 Victoria Park Square offers a highly attractive opportunity to significantly increase massing and create a desirable offering maintaining the buildings rich history and period features.
The prominent corner property comprises a Victorian front building which is arranged over lower ground, ground and three upper levels with fantastic views overlooking Museum Gardens.
The front building connects to a larger 1960’s building to the rear.
The property is arranged over two buildings and provides 11,615 sq ft (1,079 sq m) of commercial accommodation. The front building is an attractive Victorian building boasting many of its coveted original features.
The 1960’s rear building provides open plan floor plates with natural light from two elevations. 18 Victoria Park Square offers excellent potential for a wide variety of uses subject to planning.
In recent years Bethnal Green has been the subject of a significant amount of inward investment from a wide range of developers, investors and owner occupiers looking to capitalise on its excellent location.
Strategically positioned in the heart of East London, Bethnal Green borders Shoreditch to the west, Hackney to the north and Whitechapel to the south.
Bethnal Green has become a popular location for many of the Tech, Media, Creative & Fashion sectors, who are looking to take advantage of Bethnal Green’s close proximity to the City of London (1.9 miles to the south west), Old Street roundabout (1.6 miles to west) and Canary Wharf (2.6 miles to the south).
The property is elected for VAT
The front building is Grade II* listed. The rear building is not listed. The property is located within the Bethnal Green Gardens Conservation Area
A copy of the EPC is available upon request
Offers are invited in excess of £4,950,000 subject to contract and exclusive of VAT. This reflects a low capital value of £426 per sq ft