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106-109 Saffron Hill, EC1N

For sale: £2,900,000.00|4,155 Sq Ft|Office, Offices

Property details

FOR SALE£2,900,000.00
SIZE4,155 Sq Ft
ADDRESS106-109 Saffron Hill, Farringdon, EC1N 8QS
TYPEOffice, Offices
TENUREFor Sale Freehold
POSTED ON15th May 2024

Description

Key Points

  • Freehold, self-contained building with vacant possession
  • 4,155 sq ft NIA of office accommodation arranged over lower ground, ground and two upper floors
  • The third and fourth floors comprise four residential apartments which are held on long leaseholds for 999 years from March 2014, with ground rents received totalling £1,400 per annum
  • The property is well suited for occupation as offices, medical, educational or other uses.
  • Exceptional sustainability credentials - EPC 'B' and BREEAM 'Excellent'
  • Within a 2 minute walk of Farringdon Mainline and Underground station, with a high level of local amenities
  • The guide price for the Freehold interest is £2.9m, subject to contract
  • Summary

    Prime office building with vacant possession and an exceptional environment rating, of interest to owner occupiers and investors.

    Description

    The office element of the building is entirely self-contained and has a total net floor area of 4,155 sq ft arranged over lower ground, ground, and two upper floors.

    The majority of the accommodation is owner occupied with vacant possession available by agreement.

    There are licences in place on upper floors that can be terminated on reasonable notice.

    Location

    The property is located on the western side of Saffron Hill within Hatton Garden and adjoining Farringdon, one of London's most sought after submarkets. The area benefits from an abundance of local amenities including both Leather Lane and Cowcross Street markets which are within a few minutes walking distance.

    Farringdon has become synonymous in recent years for attracting a multitude of international occupiers from the technology, media and creative sectors, including LinkedIn and TikTok. Other high profile local occupiers include: Sainsbury's, Hogan Lovells, Moonpig, Alexander McQueen, Grimshaw Architects and Live Nation UK. The Museum of London will also be relocating to Smithfield Market in 2026.

    106-109 Saffron Hill benefits from exceptional transport links, being only a 2-minute walk from Farringdon Station. Farringdon Station is one of London's best connected travel hubs, providing access to the London Underground (Circle, Hammersmith & City and Metropolitan lines), Thameslink, National Rail and the Elizabeth Line - offering exceptional transport links across London including direct lines to three of London's five major airports (Heathrow, Gatwick and Luton).

    Chancery Lane (Central Line) is also within easy walking distance. An NCP car park is located within 50m of the building.

    Viewings

    Strictly via sole agents, Cluttons

    Terms

    The guide price for the Freehold interest is £2.9m, subject to contract.

    Availability_text

    The accommodation comprises the following areas:

    Specifications

    Air conditioning
    Good levels of natural light
    Male and Female WCs
    Bike storage
    LED lighting
    DDA compliant
    Reception with commissionaire capability
    Passenger lift
    BREEAM Excellent and EPC B

    Location

    marker
    Location: 106-109 Saffron Hill, Farringdon, EC1N 8QS

    Farringdon (0.1 miles)

    Chancery Lane (0.3 miles)

    Barbican (0.4 miles)

    Farringdon Rail (0.1 miles)

    Farringdon (0.1 miles)

    Barbican (0.4 miles)

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