ROSEBERY AVENUE LONDON EC1 RARE CLERKENWELL FREEHOLD OPPORTUNITY
40 ROSEBERY AVENUE CLERKENWELL LONDON EC1 LOCATION
COMMUNICATIONS
The property is situated on the eastern side of Rosebery Avenue, close to the junction with Farringdon Road and adjoins the former Clerkenwell Fire Station. The building is in an area comprising a mixture of residential and office accommodation in the main.
Farringdon Station – approx 9 min walk (Circe, Hammersmith & City and Metropolitan Lines and National Rail services)
The property is superbly located at the western edge of Clerkenwell near popular Exmouth Market. Excellent bars, restaurants and shops can be found in the immediate vicinity as well as in nearby Angel, Bloomsbury, Midtown and the City. The location also provides good access to the West End with Oxford Street being situated only 1.5 miles from the property.
Russell Square Station – approx 15 min walk (Piccadilly Line)
Chancery Lane Station – approx 10 min walk (Central Line)
Kings Cross/ St Pancras Station – approx 16 min walk (Northern, Victoria, Piccadilly, Circle, Hammersmith & City and Metropolitan Lines and National and International Rail Services)
DESCRIPTION The property is an excellent example of late Georgian architecture dating from the early 1800s. The Grade II listed property provides approximately 2,253 sq ft over four stories plus basement, with additional storage space provided in the attic (approximately 120 sq ft).
ACCOMMODATION The property has been measured in accordance th with the Code of Measuring Practice (6 Edition), and provides the following approximate Gross & Net Internal Areas:
The property is typical of its age being constructed to a traditional design of solid brick walls with suspended timber floors, under a mansard roof with slate tile finish. The property is accessed at ground floor level. The floors currently provide a mixture of open plan and cellular office accommodation. Good natural light is provided throughout via large box sash windows. A kitchen and shower room are located in the lower ground and each floor benefits from its own WC. The accommodation requires some refurbishment, but benefits from a wealth of period features including original wood panelling and 9 fireplaces. There is gas central heating and a well proportioned courtyard garden is situated to the rear, offering rare private outdoor space in this location.
ENGLISH HERITAGE LISTING ENTRY Terraced house. c.1820-1830. Multi-coloured stock brick set in Flemish bond, with stucco basement and plain stucco dressings to entrance; Welsh-slate mansard roof with dormer. Side-hall entrance plan with staircase to upper floors. Three storeys with basement and attic; 2-window range. Round-arched entrance to right: plain stucco band to door head with fluted 1/4 column jambs carrying corniced-head, plain fanlight and original panelled door. Gauged-brick flat arches to 8/8 and 6/6 sashes. Brick course to plain parapet.
FLOOR PLANS
LOWER GROUND
FIRST
Please note these floor plans are not to scale
SECOND
GROUND
THIRD
USE
VAT
Offices within class B1 of the Town and Country Planning (Use Classes) Order 1987 as amended.
We have been informed that the property is not elected for VAT.
PLANNING The property might be suitable for residential use subject to obtaining the necessary planning consents. The property is Grade II listed and located in the Rosebery Avenue conservation area.
TENURE Freehold with vacant possession. The vendor will also consider leasing the property.
PROPOSAL We are seeking offers in the region of £2,000,000 (Two million pounds) exclusive and subject to contract for the freehold interest. A purchase at this level reflects a capital value of approximately £887.70 per sq. ft. based on the GIA. The vendor would consider rental offers in excess of £70,000 per annum exclusive.
JOHN GIBLIN D: 020 7749 1052 E:
[email protected] NICHOLA PUGHE D: 020 7749 1058 E:
[email protected] Misrepresentation Act 1967: Copping Joyce Surveyors Limited for themselves, for any joint agents and for the vendors, lessors or assignors of this property whose agents they are given notice that: (i) The particulars are set out as a general guide only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them.(iii) No person in the employ of Copping Joyce Surveyors Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property (iv) All rentals and prices are quoted exclusive of VAT(v) All plant, machinery, equipment, services and fixtures and fittings referred to in these particulars were present at the date of publication. They have however not been tested and therefore we give no warranty as to their condition or operation. June 2015: subject to contract.