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The Tiller Building, 16 Orsman Road

For sale: £8,000,000.00|38,169 Sq Ft|Office, Offices

Property details

FOR SALE£8,000,000.00
SIZE38,169 Sq Ft
ADDRESSThe Tiller Building, 16 Orsman Road, Haggerston, N1 5QJ
TYPEOffice, Offices
TENUREUnder Offer, For Sale Freehold
POSTED ON4th April 2022

Description

Key Points

  • Prime Haggerston development opportunity located on the banks of The Regent’s Canal.
  • Freehold.
  • Planning permission has been granted for 38,169 sq ft (3,546 sq m) of grade A office accommodation arranged over six floors. The fifth floor offers a highly desirable roof terrace with views overlooking both the City of London and Regent’s Canal.
  • Designed by renowned local architects Waugh Thistleton Architects.
  • Offers are invited in excess of £8,000,000 subject to contract and exclusive of VAT for the freehold development site.
  • A purchase at this level reflects a low capital value of £210 per sq ft on the proposed.
  • Summary

    Highly Sought After Freehold Development Opportunity

    Description

    16 Orsman Road offers an exciting opportunity to develop a new high specification Grade A office building, in one of London’s fastest growing office markets. The 0.22 acre site comprises two buildings providing a combined GIA of c.14,513 sq ft (1,348 sq m) of B1/B1(c) accommodation. Set back from street level, the eastern building is arranged over ground, first and second floors and comprises a GIA of c.5,671 sq ft (527 sq m) of office accommodation. The upper levels provide superb natural light which enters the building from three elevations. Accessed via a small reception in the eastern building, the western building is arranged over the ground floor level only and comprises a GIA of 8,842 sq ft (821.50 sq m). Stretching the full depth of the site and overlooking The Regent’s Canal, the western warehouse also benefits from an impressive pitched roof with excellent floor to ceiling heights.

    Location

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    Location: The Tiller Building, 16 Orsman Road, Haggerston, N1 5QJ

    Old Street (0.9 miles)

    Shoreditch (1.1 miles)

    Bethnal Green (1.2 miles)

    Dalston Kingsland (0.7 miles)

    Essex Road (0.8 miles)

    Old Street (0.9 miles)

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