Summary - 14 St. Cross Street, Farringdon, EC1N 8XA EC1N 8XA
1 bed 1 bath Office
High‑profile freehold site with consented best‑in‑class office scheme near major transport.
Prominent freehold corner, c.0.37 acres, near Farringdon Station (c.200m)
Consented AHMM scheme: 127,576 ft² (GIA) / 92,332 ft² (NIA)
Existing 353-space car park; vacant possession achievable within 12 months
Large private terraces, efficient floorplates, four lifts and great natural light
Located in Hatton Garden Conservation Area; demolition & rebuild required
Sale expected as TOGC; property VAT-registered and held in BVI SPV
Offers invited in excess of £26,000,000 (c.£282/ft² on proposed NIA)
High local crime rate — requires active management and security planning
A rare freehold redevelopment opportunity in the heart of Farringdon, offered in excess of £26,000,000. The site is a highly prominent corner block of c.0.37 acres and sits less than 200 metres from Farringdon Station, providing exceptional transport links via the Elizabeth Line, Underground and National Rail. An award-winning, consented Allford Hall Monaghan Morris scheme delivers best-in-class offices, retail (café) and ancillary accommodation across basement to eighth floor, with large private terraces and efficient floorplates.
The existing use is a 353-space NCP car park with limited office accommodation on the upper levels; vacant possession can be achieved within 12 months. The sale is VAT-registered and anticipated to be treated as a Transfer of Going Concern (TOGC). Planning benefits include a resolution to grant permission for demolition and redevelopment (ref 2024/1364/P) and a detailed consented design totalling 127,576 ft² (GIA) / 92,332 ft² (NIA), enabling a relatively clear route to delivery for an occupier or investor.
Location strengths are material: immediate proximity to Farringdon and Chancery Lane, quick airport links, and strong local amenity including markets and restaurants. The site sits within the Hatton Garden Conservation Area and close to planned Smithfield public realm and museum-led regeneration, which is forecast to drive increased footfall and local commercial uplift.
Important considerations: the current asset requires demolition and redevelopment to realise the consented scheme; the site lies in a high-crime inner-city area and will need active stakeholder management. The opportunity suits an institutional investor, developer or corporate occupier able to carry redevelopment risk and absorb planning/implementation and conservation-area constraints.
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