Location

Canal Side Studios sits in the heart of the Knowledge Quarter, on a pivot between King's Cross & Camden.

Description

A former 1960's fabrication factory;The building was comprehensively refurbished and extended in the mid 2000's to provide a combination of office and residential accommodation;Freehold with a significant medium-term opportunity for commercial, residential or laboratory redevelopment;The existing building is 23,005 ft2 GIA / 16,366 ft2 NIA over ground and five upper floors;Office slab to slab ranges from 3m on ground to 4.75m on the first floor;Let until March 2026 to Cartwright Pickard Ltd, subject to a rolling option to break from November 2024 onwards;There are fourteen residential apartments let on annual ASTs with no current voids.;The passing rent (office & residential as at November 2022) is £789,928 pa.;There is an implemented planning consent for 3 x additional 1-bed apartments on the third floor.;Estimated potential massing of a full redevelopment is circa 45 - 50k ft2 GIA, subject to planning

Amenities

• A former 1960's fabrication factory
• The building was comprehensively refurbished and extended in the mid 2000's to provide a combination of office and residential accommodation
• Freehold with a significant medium-term opportunity for commercial, residential or laboratory redevelopment
• The existing building is 23,005 ft2 GIA / 16,366 ft2 NIA over ground and five upper floors
• Office slab to slab ranges from 3m on ground to 4.75m on the first floor
• Let until March 2026 to Cartwright Pickard Ltd, subject to a rolling option to break from November 2024 onwards
• There are fourteen residential apartments let on annual ASTs with no current voids.
• The passing rent (office & residential as at November 2022) is £789,928 pa.
• There is an implemented planning consent for 3 x additional 1-bed apartments on the third floor.
• Estimated potential massing of a full redevelopment is circa 45 - 50k ft2 GIA, subject to planning