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Shoreditch Stables, 66 Buttesland Street

For sale: £13,450,000.00|18,975 Sq Ft|Office, Offices

Property details

FOR SALE£13,450,000.00
SIZE18,975 Sq Ft
ADDRESSShoreditch Stables, 66 Buttesland Street, Shoreditch, N1 6BY
TYPEOffice, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON19th November 2021

Description

Key Points

  • Self-contained former stables in the heart of Hoxton
  • Freehold
  • Comprises 18,975 sq ft GIA over ground and first floors
  • Unique opportunity for owner occupiers, developers and investors
  • Planning permission has been obtained to undertake a comprehensive refurbishment and change the use to B1a office
  • Within close proximity to Old Street, Angel and Hoxton stations
  • Part Grade II Listed.
  • The vendor is seeking offers in excess of £13,450,000.00 (Thirteen Million, Four Hundred and Fifty Thousand Pounds)
  • Summary

    A unique opportunity to acquire a piece of London's history - Freehold for sale with vacant possession

    Description

    66 Buttesland Street was built in 1895 as a stable, and was described in the Shoreditch Observer as a ‘large fine depot, a substantial and serviceable building with healthy and comfortable accommodation for 180 horses’. It sits behind a row of houses on Buttesland Street, all constructed between 1810-35. The premises, known as the Pitfield Street Depot, was built by G Parker of Peckham, with steelwork by Newton Chambers Co, and opened in December 1895. In the early part of the 20th Century, motor power began to overtake horsepower, and the last LGOC horse-drawn omnibus ran on 18 October 1911. The LGOC sold the leasehold of most of the site to the Eastern Motor Wagon Company, which made it its headquarters and whose fleet of 31 steam lorries undertook local haulage work. The premises was acquired in the early 1930s by Cromer Cars, who made further changes to the former covered yard, inserting the concrete mezzanine gallery which was originally fitted with a gantry and overhead travelling crane. Since 1965 the premises has been occupied by the current tenant, Wharfside furniture company.

    Location

    Characterised by its attractive warehouse style buildings and vibrant cultural atmosphere, Hoxton, has over recent years become increasingly fashionable to both occupiers and investors alike. The sub-market has become synonymous with the rapidly expanding Tech, Fin-Tech and Design industries. The area constantly evolves and breaks boundaries with new emerging food trends, a growing number of boutique retail brands, a cutting edge arts scene and an overwhelming choice of cocktail bars, cafes, pubs and pop up events spaces.

    Tenure

    The property is held Freehold

    Listed Status

    Part Grade II Listed

    Planning Permission

    Details of the planning permission can be found here: http://hackney.hk/2017/3411/info

    VAT

    Applicable

    Local Authority

    The London Borough of Hackney

    Location

    marker
    Location: Shoreditch Stables, 66 Buttesland Street, Shoreditch, N1 6BY

    Old Street (0.3 miles)

    Shoreditch (0.8 miles)

    Moorgate (0.8 miles)

    Old Street (0.3 miles)

    Moorgate (0.8 miles)

    Barbican (0.8 miles)

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