Freehold multi‑floor office with immediate income and short‑term reletting potential.
Freehold four‑storey office in Shoreditch, highly central location
A substantial freehold office building in the heart of Shoreditch, this four‑storey property delivers immediate income and short‑term upside. Three floors are let (c.75% occupied) producing a total annual income of £119,215, while the second floor (c.955 sqft) is vacant and ready for re-letting or owner occupation. The recently refurbished interior (2019) combines high ceilings, plentiful natural light, wooden floors, comfort cooling/heating and LED lighting — attractive to creative and tech tenants.
The property sits on Bath Place with dual aspects to an internal courtyard and Old Street, offering a rare opportunity for a showroom/retail entrance off Old Street. Two dedicated off‑street parking spaces are included — a useful London rarity — and the freehold tenure gives full control for an investor or occupier looking to consolidate or reposition the asset.
Be aware of a few material points: the immediate area reports very high crime levels, there is no private outdoor amenity, and publicly supplied size figures vary between NIA/GIA reports (c.3,455 sqft NIA vs c.4,243 sqft GIA). The location is highly central and well connected, but purchasers should allow for typical central‑London management, service and refurbishment cycles when modelling returns.
Overall this building suits an investor seeking immediate rental income with short‑term vacancy to exploit, or an owner‑occupier wanting flexible multi‑floor accommodation in a prime Shoreditch setting. Clear repositioning or consolidation of the tenancy schedule could add value quickly given the modern finish and strong local occupier market.
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