Office for sale in Wenlock Road, London N1

Offers over £5,250,000 (£615.11/sq. ft)
Interested in this property? Call +44 20 8033 6251 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Office for sale 8,535 sq. ft*
Tenure: Freehold Council tax band: Not available

Property description

Key Points

  • Virtual Freehold
  • Situated in Hoxton, home to many creative, media and other commercial occupiers
  • Excellent transport connectivity being within a seven minute walking distance of Old Street Station
  • Existing building comprises 8,535 sq ft (792.8 sq m) (nia) of newly refurbished industrial style self-contained office accommodation arranged over lower ground, ground and mezzanine floors
  • Excellent floor to ceiling heights in excess of 6 meters
  • The building is currently single let to Hogarth Worldwide Ltd until August 2026 at a passing rent of £362,695 per annum, equating to £42.50 per sq ft
  • Offers are invited in excess of £5,250,000 subject to contract and exclusive to VAT, reflecting a net initial yield of 6.48% and a low capital value of £615 per sq ft
  • Description

    24 Wenlock Road comprises of 8,535 sq ft (792.9 sq m) of warehouse style office accommodation arranged over lower ground, ground and mezzanine floors.

    Location

    24 Wenlock Works is located in Shoreditch, a trendy district that is home to many creative, media and other commercial occupiers. More
    specifically, the building is situated on Wenlock road, which is just off the A502 City Road and considered in its own rights as an Old Street location.

    Connectivity

    The property benefits from excellent transport links being within a seven minute walk from Old Street Tube Station, providing easy access to the City core and West End. The areas connectivity is to be enhanced further with the arrival of Crossrail in Q2 2022 at Liverpool Street Station which is within walking distance or direct bus from the building.

    Tenancy

    The building is currently single let to Hogarth Worldwide Ltd until August 2026 at a passing rent of £362,695 per annum, equating to £42.50 per sq ft.

    Property info

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

    Arrange Viewing

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

    Contact Compton about this property

    Enter details
      Morning (8am-noon)
      Afternoon (noon-5pm)
      Evening (5pm-9pm)
    1. Characters remaining: 500

    By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

    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.

    Properties on the market nearby

    9 more properties like this

    View all N1 commercial properties for sale