John Street, WC1N £4,500,000

• 8,194 SQ. FT. GIA / 5,600 SQ. FT. NIA
• FREEHOLD LISTED BUILDING
• FITTED AS SERVICED OFFICES
• FIVE FLOORS

Georgian Freehold building for sale in prime Bloomsbury location, currently fitted as serviced offices.

The property comprises a period building to the front with a back extension providing high end office accommodation. Extending to a Net Internal Area approx. 5,600 sq. ft.

THE BUILDING
2 John Street is a real find, housing a collection of private office spaces refurbished to the highest standard inside of a beautiful Grade II listed Georgian building.
Built in the mid-18th century by J. Blagrave as part of a terrace of eight houses, 2 John Street is a Grade II listed masterpiece. It’s filled with notable interior features that have been preserved and highlighted in the refurbishment, including original marble fireplaces and a distinctive staircase with intricate cast iron detail.

LOCATION
The building is in the section of John Street close to the corner with Theobalds Road, in a strategic location with unbeatable connectivity, walking distance of five Zone 1 underground/rail stations (Holborn, Chancery Lane, Russell Square, Kings Cross and Farringdon).
Bloomsbury is famous for its green spaces, period buildings and historic heritage. It is also home to worldwide recognised universities and medical institutions. Nearby Chancery Lane is known as the legal district, with many international law firms headquartered around the area.

There are plenty of shops, restaurants, and cafes in the vicinity, and both the business district of the City of London, as well as the ever-popular West End are also within easy walking distance. This is an area of London that has remnants of history everywhere, with an abundance of listed buildings, historic pubs, vibrant markets and of course London’s infamous and storied diamond district – Hatton Garden.

USE
The building is under Class E use, other uses might be possible including conversion to residential, are possible subject to planning consent.

LEASE
The building is currently occupied on a Full Repairing and Insuring lease by serviced offices operatore Boutique, until 2028, with a passing rent of £212,000 per annum exclusive.

BUSINESS RATES
We have been advised the property is listed and exempt from rates. Interested parties are advised to make their own enquiries with the Local Authority.

VAT
VAT is applicable to the transaction