218 Upper Street
Islington, , N1 1RRThe Space
Freehold office development with planning permission, in central Islington For Sale
At a glance
| Property Type | Development / Investment / Office / Other |
| Tenure | For Sale |
| Size | 12,648 sq ft |
| Price | Offers in excess of £4,500,000.00 |
| Business Rates | Upon Enquiry |
| Service Charge | n/a |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: Temporary building (less than 2 years) |
Highbury and Islington
3 mins
Essex Road
7 mins
Caledonian Road and Barnsbury
11 mins
Canonbury
11 mins
Highbury and Islington
4 mins
Essex Road
7 mins
Caledonian Road and Barnsbury
10 mins
Canonbury
11 mins
Key Points
- Redeveolpment opportunity
- Planning consent granted
- Vacant posession
- Freehold
Description
216 Upper Street, is a freehold consented office development opportunity. Designed by Squire & Partners. Located close to Highbury & Islington Underground and mainline stations. The building will be offered with full vacant possession upon completion. Full planning consent was achieved in November 2021 for a new office development providing a NIA of 12,648 sq ft and GIA of 19,655 sq ft over lower ground, ground, and three upper floors. Opportunity for alternative uses, subject to planning.
Offers are sought in excess of £4.5m which reflects a low capital value of £365 per sq ft on the consented net internal floor areas.
The Location
Islington is one of London’s culture hub’s and 218 Upper Street overlooks the leafy Compton Terrace Gardens which houses the magnificent Union Chapel in this bustling Central London neighborhood. The area is renowned for its Georgian architecture with elegant villas. The building is conveniently located to access the transport infrastructure as well as some of the best retail and dining destinations in central London.
