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£3,500,000Office for sale
11-13 Wakley Street, London, EC1V 7LT
Under offer
Office
7676
Features and description
- An attractive property, arranged over part lower ground, ground and three upper floors.
- Strategically placed within London’s growing Tech Hub (Zone 1).
- Consent has been granted for a mixed-use scheme comprising commercial space on the ground and lower floors and 7x residential units.
- Potential for additional residential floors (STPP).
- The proposed scheme extends 7,676 sqft (NIA) on the upper floors.
- Existing building is offered with vacant possession and measures 7,261 sqft / 674.6 sqm NIA, as well as the part basement which is sold off, with a further 453 sqft / 42.1 sqm of outdoor space.
- Guide price is £3,500,000 (Three Million Five Hundred Thousand Pounds) for the Freehold interest, which reflects a capital value of £455psf on the consented scheme and £482psf on the existing
Description
The subject property is an attractive period building spanning five levels: part lower ground, ground and three upper floors. Currently configured as an office space, the building is offered with full vacant possession. A notable feature is the third-floor balcony/terrace at both the front and rear of the building.
Consent was granted in January 2025 for an office conversion comprising commercial space on the part lower ground and ground (2,347sqft) and 7x residential units on the upper floors, comprising 1-bed, 2-bed and studios (5,329sqft).
Location
Angel, London, is renowned for its eclectic mix of shops, cafes, restaurants, and cultural venues. 11-13 Wakley Street is just a short walk from Angel and Old Street stations and within walking distance of Islington Green, Upper Street, Regent’s Canal and historic local landmarks such as Chapel Market and Sadler’s Wells Theatre.
The area continues to benefit from significant inward investment and numerous new developments to improve local infrastructure, these include: Islington Square, The Kings Cross Regeneration Scheme, Angel Central Refurbishment as well as various luxury mixed-use residential buildings such as Canaletto, The Arc Building and The Atlas Building.
The subject property is an attractive period building spanning five levels: part lower ground, ground and three upper floors. Currently configured as an office space, the building is offered with full vacant possession. A notable feature is the third-floor balcony/terrace at both the front and rear of the building.
Consent was granted in January 2025 for an office conversion comprising commercial space on the part lower ground and ground (2,347sqft) and 7x residential units on the upper floors, comprising 1-bed, 2-bed and studios (5,329sqft).
Location
Angel, London, is renowned for its eclectic mix of shops, cafes, restaurants, and cultural venues. 11-13 Wakley Street is just a short walk from Angel and Old Street stations and within walking distance of Islington Green, Upper Street, Regent’s Canal and historic local landmarks such as Chapel Market and Sadler’s Wells Theatre.
The area continues to benefit from significant inward investment and numerous new developments to improve local infrastructure, these include: Islington Square, The Kings Cross Regeneration Scheme, Angel Central Refurbishment as well as various luxury mixed-use residential buildings such as Canaletto, The Arc Building and The Atlas Building.
Property information from this agent
About this agent
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor,
19 Margaret Street, London,
W1W 8RR
020 8033 7560Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.