7-9 Woodbridge Street, Clerkenwell EC1

3145 sq. ft.

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Location

The property occupies a prominent position on the western side of Woodbridge Street in the heart of Clerkenwell.

Running in a north to south direction connecting Sekforde Street and Aylesbury Street, Woodbridge Street is a highly desirable location moments from trendy Clerkenwell Green and in proximity to Exmouth Market, Smithfield Market and Farringdon Station.

Clerkenwell has fast become one of London’s most sought after office locations. Synonymous with innovation, creativity and technology,

Clerkenwell is the hub of London’s world renowned Tech Belt and home to many of Europe’s most creative occupiers.

Clerkenwell benefits from vibrant retail, showroom and leisure provisions. St John Street and Clerkenwell Road are well known for their interior design and furniture showrooms attracting customers from around the world.

Local trend setting restaurants include Grainger & Co, Modern Pantry & St John. Exmouth Market offers an assortment of local gourmet restaurants, cocktail bars and pubs.

Transport

  • Farringdon Station (Metropolitan, Hammersmith & City, Circle and Elizabeth Lines and Thameslink)
  • Chancery Lane Station (Central Line)
  • Kings Cross Station (National Rail services)
  • St. Pancras International (Eurostar services)
  • Buses 55, 243, 63 (Oxford Circus, Waterloo, Kings Cross)

Description

7-9 Woodbridge Street is a highly attractive former Victorian warehouse style office building. The building was comprehensively refurbished in 2009 to provide 3,163 sq. ft. (293.85 sq. m.) of stylish office accommodation arranged over the lower ground, ground, first and mezzanine levels.

The property benefits from impressive floor to ceiling heights, as well as a courtyard on the ground floor.

Amenities

  • Prime Clerkenwell freehold interest
  • Situated in the heart of London’s Tech Belt, a short walk from Farringdon Station.
  • Highly attractive Victorian warehouse conversion, with impressive floor to ceiling heights throughout.
  • Comprises 3,145 sq. ft. (292.18 sq. m.) of office accommodation arranged over lower ground, ground, first and mezzanine levels.
  • Single let to ETCH (UK) Limited at a total passing rent of £200,000 /A reflecting a reversionary £63.59 per sq. ft.
  • 3.89 years to lease expiry and 1.89 years to break
  • Offers invited in excess of £3,750,000 (£1,192 per sq. ft.), subject to contract and exclusive of VAT. This reflects an attractive net initial yield of 5.01% assuming purchaser costs of 6.52%

Approximate floor areas

Mezzanine 526 sq. ft. 48.87 sq.m.
First Floor 904 sq. ft. 83.98 sq. m.
Ground Floor 865 sq. ft. 80.36 sq. m.
Lower Ground 850 sq. ft. 78.97 sq. m.
Total 3,145 sq. ft. 292.18 sq.m.

Service charge

To be confirmed

Rates

To be confimed

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Lease

7-9 Woodbridge Street is held Freehold. Title number NGL879072.

Price

Offers invited in excess of £3,750,000 (£1,192 per sq. ft.), subject to contract and exclusive of VAT.

Property Misdescriptions act 1991 / Misdescriptions Act 1967. Anton Page LLP for themselves and for the vendors of this property whose agents they are, give notice that: These particulars do not form any part of any offer or contract: the statements contained therein are issued without responsibility on part of the firm or their clients and therefore are not to be relied upon as statements or representations of fact, any intending purchaser must satisfy himself as to the correctness of each statement made herein: and the vendor does not make or give, and neither the firm nor any of their employees have the authority to make or give, any representation or warranty whatever in relation to this property. All prices exclude VAT.