Office for sale in London E2

Offers over £4,950,000 (£426.17/sq. ft)
Office for sale 11,615 sq. ft*
Interested in this property? Call +44 20 8033 6251 * or Request Details

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Property description

Key Points

  • Freehold
  • Located in the heart of Bethnal Green, one of London’s most up diverse, fastest growing and vibrant districts
  • The property occupiers a prominent corner position on Victoria Park Square with extensive views overlooking Museum Gardens
  • 18 Victorian Park Square benefits from superb connectivity being 160m from Bethnal Green Underground Station (Central Line) running into Liverpool Street Station in 3 minutes
  • The property comprises two buildings, an impressive period building to the front and large1960s building to the rear
  • Comprises 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 parking
  • Significant development opportunity with potential to increase massing with extension to the rear
  • Potential for a wide variety of uses such as hotel, residential and offices subject to planning
  • Sold with Vacant Possession
  • Offers are invited in excess of £4,950,000 subject to contract and exclusive of VAT
  • A sale at this level reflects a low capital value of £426 per sq ft
  • Description

    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.

    Location

    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).

    Vendor

    Private

    Tenure

    Freehold

    VAT

    The property is elected for VAT

    Planning

    The front building is Grade II* listed. The rear building is not listed. The property is located within the Bethnal Green Gardens Conservation Area

    EPC

    A copy of the EPC is available upon request

    Pricing

    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

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    Compton, EC1V on +44 20 8033 6251 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Compton, and do not constitute property particulars. Please contact Compton for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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