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Finsbury House, 23 Finsbury Circus, London, EC2M 7EA

Offers in Excess of
£9,500,000

£385.07 per sq ft

Business rates & charges may apply

Avison Young (UK) Limited, London Markets
SIZE AVAILABLE

24,671 sq ft

2,292 sq m

SECTOR

Office for sale

Key features

  • Highly prominent corner site
  • Fully stripped our to shell and core
  • Excellent floor plates
  • GPAD consented scheme to deliver best in class offices
  • New long leasehold from The City Bridge Foundation

Description

Description
Finsbury House was originally constructed in the 1890’s by Gordon, Lowther & Gunton, and forms part of the wider Finsbury Circus estate which was laid out between 1775-1800 by George Dance (the Younger), the first in London to use formal planning.

Now fully vacant, Finsbury House is an office building arranged over lower ground, ground, mezzanine and five upper floors. The building has been fully stripped out including all plant and M&E to provide a gross internal area of 39,607 sq ft.

Location
Finsbury House is situated in a highly desirable location at the eastern entrance to Finsbury Circus on the corner of Blomfield Street and within 50m of the entrance of the Broadgate Estate and Liverpool Street Station (the busiest station in Central London) providing easy access to Overland, Underground and the new Elizabeth line.

The corner position maximises the prominence of this attractive building providing strong presence with its ornate features and impressive frontage.
The Broadgate Estate is positioned immediately to the north of the site. It is London’s largest pedestrian neighbourhood, providing a world-class, mixed-use destination that continues to attract a wide range of world-leading companies to the area such as A&O Shearman, Citadel, Arbuthnot Latham, JLL, Dentons, Knight Frank, Sumitomo Mitsui and UBS.

The nearby amenities of pubs, bars, cinemas, gyms and restaurants are unrivalled with Broadgate Circle less than one minute walk away.

Specifications
The consented scheme has been designed to the following specification:
- 1:8 workplace density
- 2.95m floor to ceiling
- 70.2 sq m roof terrace
- 45 secure cycling spaces
- 5 Showers
- 27 WCs

Tenancy
The property is to be sold with vacant possession.

Price
Offers are sought in excess of £9,500,000 for a new long leasehold, subject to contract and exclusive of VAT. A purchase at this level reflects a capital value of only £385 per sq ft on the net internal area of the consented scheme.

Brochures

Finsbury House, 23 Finsbury Circus, London, EC2M 7EA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moorgate Station0.2 miles
  • Liverpool Street Station0.2 miles
  • Bank Station0.3 miles

About Avison Young (UK) Limited, London Markets

65 Gresham Street London EC2V 7NQ

Avison Young creates economic, social and environmental value as a global real estate advisor, powered by people.

At Avison Young, we believe in creating positive impact wherever we go.

There is a vital role for commercial real estate to create healthy, productive workplaces for employees, cities that are centres of prosperity for its citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Our nimble, agile team has global insight, local market expertise and access to some of the smartest technology in the commercial real estate industry ? all at the ready to work on creating your competitive advantage. As a private company, you will collaborate with an empowered partner who is invested in your success as much as you are.

Notes

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