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391 & 393 City Road 2 Office Properties in London


INVESTMENT HIGHLIGHTS
- Prominent 0.22 acre site in a strategic location within London’s vibrant Tech Belt and Knowledge Quarter
- Excellent transport links located within 200m of Angel Underground station and walking distance of Farringdon and King’s Cross & St Pancras Stations.
- Repositioning opportunities include reconfiguration, substantial refurbishment, additional massing and change of use – subject to necessary consents
- The property is situated at the intersection of Angel, Clerkenwell and Old Street
- The existing office and ancillary accommodation provides 15,720 sq ft (1,460.3 sq m) (NIA) over lower ground, ground and four upper floors.
- Provided with vacant possession of the office accommodation.
EXECUTIVE SUMMARY
Development, refurbishment or owner occupier opportunity.
Freehold sale.
The property is to be sold with vacant possession of the office accommodation.
Ground floor unit, 391 City Road, EC1: Duncan Terrace Café occupies the ground floor unit, holding over on a lease with expiry date of 3 September 2023.
The passing rent is £30,000 per annum. The lease is held inside the security of tenure provisions of the Landlord & Tenant Act 1954.
The kiosk unit, 391 City Road, is provided with vacant possession
Freehold sale.
The property is to be sold with vacant possession of the office accommodation.
Ground floor unit, 391 City Road, EC1: Duncan Terrace Café occupies the ground floor unit, holding over on a lease with expiry date of 3 September 2023.
The passing rent is £30,000 per annum. The lease is held inside the security of tenure provisions of the Landlord & Tenant Act 1954.
The kiosk unit, 391 City Road, is provided with vacant possession
PROPERTY FACTS
| Sale Type | Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 15,720 SF |
| Number of Properties | 2 | Total Land Area | 0.22 AC |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,720 SF |
| Total Land Area | 0.22 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 393-395 City Rd, London EC1V 1NG | Office | 9,384 SF | 1997 | - |
| 391 City Rd, London EC1V 1NE | Office | 6,336 SF | 1986 | - |
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391 & 393 City Road
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