Office FOR SALE in 77 Bastwick St, Islington, Greater London

Property Description

77 Bastwick St – Office Space – City Fringe Submarket – London EC1V
77 Bastwick St is a six-floor office building offering a total NIA of 16,837 sq ft. The property has undergone a significant renovation in 2015, modernising the space while maintaining its original concrete frame construction. Situated in the City Fringe submarket, the property enjoys excellent transport connectivity, with Barbican Underground and Old Street Underground Station just a short walk away. The building is currently fully leased and offers a range of office spaces for lease or sale.
Property Details:
Address: 77 Bastwick St, London EC1V 3PZ
Available Office Space: 16,837 sq ft
Asking Rent: Rent £56 - 69 per sq ft (FRI)
Service Charge: Withheld
Sale Price: £10,500,000 (£623.63/sq ft)
Yield: 8.90%
Sale Type: Investment
Floors: 6
Total NIA: 16,837 sq ft
Typical Floor Size: 2,806 sq ft
Construction: Reinforced Concrete
Building Type: 3 Star Office
Tenancy: Multi
Owner Occupied: No
Construction Start: July 1965
Year Built: 1967
Renovated: 2015
Parking Ratio: 0.24/1,000 sq ft
Parking Spaces: Surface - 4
Building Amenities:
Air Conditioning
Natural Light
Balcony
Raised Floor
Bicycle Storage
Reception
Demised WC facilities
Roof Terrace
Energy Performance Rating – C
Shower Facilities
High Ceilings
Wooden Floors
Lift Access
Building Notes:
The property comprises a mid-terraced office building offering office accommodation across six floors. The building's renovation in 2015 introduced modern features such as air conditioning, raised floors, and bicycle storage, while preserving its original structure. The property is strategically located close to Barbican Underground and Old Street Underground Station, making it highly accessible. The roof terrace offers scenic views, while natural light floods the office spaces, enhancing productivity.
Leasing Highlights:
Smallest Space: 100 sq ft
Max Contiguous Space: 16,837 sq ft
Number of Spaces: 6
Leased: 100.0%
Rent £56 - 69 per sq ft (FRI)
Service Charge: Withheld
Available Office Spaces:
Lower Level: 100 - 2,200 sq ft
Ground Floor: 100 - 2,210 sq ft
1st Floor: 100 - 3,092 sq ft
2nd Floor: 100 - 3,096 sq ft
3rd Floor: 100 - 3,116 sq ft
4th Floor: 100 - 3,123 sq ft
For Sale:
Price: £10,500,000 (£623.63/sq ft)
Yield: 8.90%
For further details or to arrange a viewing, please contact Fraser Bond.