Offers in Excess of £6,000,000

Islington N1

Description

UNCONDITIONAL OR SUBJECT TO PLANNING OFFERS ARE INVITED

Originally constructed in 1906 as an Exhibition fitters workshop and converted to residential use in 2013.

The property sits within "The Barnsbury Conservation Area" mid-way between Kings Cross St Pancras and the tech & trendy areas of Old Street and Shoreditch.

This Freehold Residential property sits within a secluded plot - 659 sq. m / 7,091 sq. ft.

The exisiting buildings consist of:- The Main Building (920 sq. m / 9,900 sq. ft) and The Annex (153 sq. m / 1,646 sq.  ft).

It is currently configured as 10x HMO Studios and 6x double bedrooms in the Annex which have shared facilities and a Dance studio.

This unique and trendy London asset is an income generating Investment with various development possibilities that could be explored to either; Intensify the current use into 36 double suites (STP), Develop a Trophy House with Studio (STP), Develop 4x Town Houses (STP) or Develop 3x Town Houses (Planning Consent Approved). We are looking for either Unconditional or Subject to Planning offers.