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For Sale£15,000,000.00

Edward Rudolf House, 84 Margery Street, London, WC1

Office, Offices , 23126 Sq Ft
Property type: Office, Offices
Tenure: Investment Opportunity
Size: 23126 Sq Ft
Price: £15,000,000.00
Location: Edward Rudolf House, 84 Margery Street, London, , London
Edward Rudolf House benefits from an imposing 65m frontage onto Margery Street and is arranged, at present, only over ground and first floors. - • Freehold.
• Approximately equidistant from Kings Cross and Farringdon stations.
• 300 metres from Exmouth Market.
• Located adjacent to Taylor Wimpey’s 6.25 acre Mount Pleasant redevelopment which is set to transform the immediate location.
• The existing building totals approximately 23,126 sq ft NIA currently arranged over only ground and first floors.
• Exceptional refurbishment and / or development opportunity.
• DLG Architects and Barton Willmore Planning have put forward a feasibility study which looks at various refurbishment, extension,
redevelopment and alternative use options.
• Potential for alternative uses (hotel and residential), subject to the necessary consents.
• Offered subject to a short-term leaseback of the premises, on terms to be agreed.
• Offers invited in excess of £15,000,000 subject to contract.
• A purchase at this price reflects a capital value of £650 per sq ft on existing net area and £285 per sq ft on the largest proposed redevelopment option.
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