Characterful freehold offices near King’s Cross with immediate rental upside.
Freehold investment producing £86,165 pa current income
Potential income £114,000 pa when vacant suite is let
Five separate suites across basement, ground and first floors
Converted Victorian stable block with industrial character
Total area approximately 2,685 sq ft across multiple units
One suite vacant — likely requires marketing and possible fit-out
Area described as very deprived with very high local crime levels
Excellent transport links: 3 minutes to King’s Cross and St Pancras
Tankerton Works is a freehold commercial investment occupying a converted Victorian stable block in Argyle Walk, within a three-minute walk of King’s Cross and St. Pancras stations. The building extends over basement, ground and first floors and offers five separate office suites arranged around communal areas. Four suites are let under three tenancies, with one suite currently vacant, producing a current income of £86,165 pa and a potential income of £114,000 pa when fully let.
The property’s industrial character — exposed brick, large windows and high ceilings — provides strong appeal to creative, tech and professional occupiers seeking characterful workspace close to central transport hubs. The substantial total area of 2,685 sq ft and multi-suite layout give rental diversification and re-letting flexibility, reducing single-tenant risk.
Buyers should note material location and occupational considerations: the immediate area has very high crime levels and is described as very deprived, which may influence tenant mix and rental growth. One suite is vacant and will require marketing and possible fit-out to achieve the quoted £114,000 pa. Offers are sought in the region of £1,550,000 for the freehold interest; the sale price is not subject to VAT.
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