Summary - 1, UNDERWOOD ROW N1 7LZ
1 bed 1 bath Office
Large character office with long lease and parking, ideal for investors or creative occupiers.
Converted warehouse with high ceilings and exposed brickwork
Large windows with shutters provide strong natural daylight
Substantial NIA 3,763 sq ft; large usable floorplates
Partial parquet flooring, fitted kitchenette, perimeter trunking
One basement parking space included
Long leasehold c.972 years remaining (from 1997)
Service charge c.£12,202.02 p.a.; estimated business rates c.£61,128 p.a.
EPC D (96); comfort cooling only in part; VAT elected
Set on a quiet Shoreditch corner, this converted warehouse offers a substantial self-contained office with authentic industrial character. High ceilings, large shuttered windows and exposed brick provide strong natural light and a distinctive workspace appealing to creative occupiers or investors seeking a central London asset.
The accommodation extends to approximately 3,763 sq ft NIA across generous floorplates, with partial parquet flooring, fitted kitchenette, perimeter trunking, central heating and partial comfort cooling. The long leasehold interest (999-year term from 1997, c.972 years remaining) and one basement parking space add owner-occupier convenience in a well-connected location.
Buyers should factor in annual running costs: service charge c.£12,202.02 and estimated business rates c.£61,128 p.a. The property is elected for VAT. EPC rating D (96) — adequate but not best-in-class — and comfort cooling is only partial, which may require upgrading for some occupiers.
Overall this is a characterful, large-format city office with scope for customization and stable long-lease tenure. It suits investors targeting Shoreditch rental demand or businesses seeking an iconic central London base, provided the ongoing service charge, rates and potential services upgrades are acceptable.
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