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1-9 Underwood St 4,155 SF Office Condo Unit Offered at $2,599,784 in London N1 7LY
Investment Highlights
- Bright airy space with large windows and generous ceiling heights
- Access to shared courtyard amenity space
- Basement car parking
Executive Summary
The property comprises a building of brick construction with office space on the ground floor and residential space on the floors above. The property also has basement car parking. The property is located on the corner of Underwood Row and Underwood Street in a quiet pocket of Shoreditch with a picturesque streetscape of converted warehouse buildings. The property is approx. 0.2 miles / 6 minutes’ walk north of Old Street roundabout, and is well served by an abundance of cafés, bars and restaurants. Ideally located, providing quick and easy access to Shoreditch, Islington, King’s Cross and East London.
Property Facts
| Total Building Size | 17,400 SF | Floors | 6 |
| Property Type | Office (Condo) | Typical Floor Size | 11,600 SF |
| Property Subtype | Office/Residential | Year Built | 1782 |
| Building Class | B | Lot Size | 0.68 AC |
| Total Building Size | 17,400 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 11,600 SF |
| Year Built | 1782 |
| Lot Size | 0.68 AC |
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Security System
- Energy Performance Rating - D
- Automatic Blinds
- Storage Space
- Smoke Detector
- Raised Floor System
1 Unit Available
Unit 1 & 3B
| Unit Size | 4,155 SF | Sale Type | Investment or Owner User |
| Price | $2,599,784 | Tenure | Long Leasehold |
| Price Per SF | $625.70 | No. Parking Spaces | 1 |
| Condo Use | Office |
| Unit Size | 4,155 SF |
| Price | $2,599,784 |
| Price Per SF | $625.70 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| No. Parking Spaces | 1 |
Description
The warehouse building was converted in the 1990’s to provide commercial spaces at ground floor and residential accommodation on the upper floors. The self-contained office has generous floor to ceiling heights with large windows to the front and rear, exposed brickwork and parquet flooring in part.
Sale Notes
Sale of the existing Long Leasehold interest for a term of 999 years from 29th September 1997 (so having approximately 971 years unexpired) subject to a Ground Rent - currently £300 per annum
Price
£1,900,000 (+VAT)
+1 More
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1-9 Underwood St
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