Freehold for sale in Fleet Street EC4 - 3,812 sq ft
Summary
- Period features
- Value-add opportunity
- Located within Fleet Street Quarter
- Income producing
- Grade II Listed
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| 4th | 413 | 38.37 | Available |
| 3rd | 459 | 42.64 | Available |
| 2nd | 481 | 44.69 | Available |
| 1st | 361 | 33.54 | Available |
| Ground | 1,189 | 110.46 | Available |
| Lower Ground | 790 | 73.39 | Available |
| Lower Ground - Vault | 119 | 11.06 | Available |
| Total | 3,812 | 354.15 |
Location
The building is conveniently located on the southern side of Fleet St close to its junction with Chancery Lane, making it easily accessible by public transport, with Chancery Lane, Temple and Blackfriars Underground Stations close by. City Thameslink Rail Station is located nearby and Farringdon Station, London's premiere transport hub - including Elizabeth line and Thameslink connections - is within walking distance.
There are also a multitude of bus services running along Fleet Street into the City and West End, and convenient access to UBER Thames Clipper services at nearby Blackfriars Pier.
Get directions from Google Maps
Mainline Stations
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City Thameslink6 mins
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Blackfriars7 mins
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Farringdon10 mins
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Waterloo East13 mins
Underground Station
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Temple5 mins
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City Thameslink6 mins
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Chancery Lane6 mins
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Blackfriars7 mins
Further Information
Price Offers in excess of £2,400,000
Rates Payable Purchasers are advised to make their own enquiries with the City of London.
Service Charge Upon Enquiry
EPC Rating This property has been graded as E
Description
The property comprises a freehold former banking hall, constructed around the mid to late 19th Century extending to just over 3,800 sq. ft. and is arranged over basement, ground and 4 upper floors.
The building has many period features, including an impressive stone façade and is Grade II Listed.
Tenancies
The property is subject to 3 tenancies creating an annual income of £53,820 per annum with a leaseback opportunity from the freeholder to increase this figure. The remaining vacant accommodation is currently being marketed. There is an opportunity to gain full VP of the building in Nov '27.
Further information is available upon request.
Planning
In addition to it's Grade II Listed status, the property lies withing the Fleet Street Conservation Area.
There is a lapsed planning consent for the building which was granted in 2015 to add a further floor comprising of 280 sq ft and a south facing balcony.
Further background & information is available herein as a download.
The Local Environment
An unprecedented level of ground-breaking development is currently underway, with more than 34 new and refurbished schemes poised to deliver an estimated 3m sq ft of new Grade A office, retail and leisure space with a GDV of up to £5bn by 2028. These include: the 539,000 sq ft of net office redevelopment of the former Daily Express buildings at River Court, 120 Fleet Street; a new 525,000 sq ft ‘Justice Quarter’ at Salisbury Square; and the 292,000 sq ft redevelopment of the former Goldman Sachs HQ at Peterborough Court, 133 Fleet Street.
The "Justice Quarter" is a major development project by the City of London Corporation, and will include a new 18-courtroom legal facility (City of London Law Courts), the new headquarters for the City of London Police, and a commercial building. The project is designed to create a hub for justice, policing, and commercial activity in the Square Mile.
The building is located within the Fleet Street Quarter which has been undergoing an enormous transformation over recent years: ambitious developments, changing demographics and an increasingly diverse business base make it one of London's most vibrant areas to live, work and visit.
Further information is available to download herein.
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