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new
nestructions
A
fantastic opportunity to acquire a unique character
building suitable for a variety of uses with loading/parking
in need of refurbishment situated in the heart of Islington
The
Merchants Hall - Packington Street & Essex Road
- London, N1
11,922 sq ft approx plus residential building currently
arranged
as 2 x 2 bed flats with ground floor storage
for
sale/to let
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| Location: |
The building is situated on a prominent corner position
at the junction with Essex Road and Packington Street
just south of Islington Green. Access to the yard is
via Queens Head Street. The surrounding area comprises
a good mix of business, retail and residential use.
The new ‘N1’ shopping centre together with numerous
restaurants, wine bars and shops are all within close
proximity.
Angel underground station (Northern Line) and Essex
Road station (Main Line) are within easy walking distance. |
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| Description: |
The
main former hail building is arranged on ground and
basement floors comprising superb open plan space
with approximately 25ft ceiling height at ground floor
level with potential for excellent natural light.
The basement area also has potential for natural light
and is presently partitioned into various sized units.
The main hail can be accessed via several entrances
including a roller shutter door leading from a large
yard area suitable for parking and deliveries.
The interconnecting building fronting onto Essex Road
comprises a retail shop front unit plus two storey
offices above and access into the basement.
Located in Packington Street to the rear of the main
hail is another roller shutter door leading to further
storage space. Above this space are 2 x 2 bedroom
flats with separate street access. This building could
be separated from the main hall building. Our client
has indicated that he would give consideration to
the sale of this property on a separate basis.
The approximate floor areas are as follows:-
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Three
storey building fronting onto Essex Road |
| Accommodation
: |
| Ground
Floor |
546
sq ft approx (retail/offices) |
| First
Floor |
624
sq ft approx (offices) |
| Second
Floor |
682
sq ft approx (offices) |
| main
hall building |
| Ground
Floor |
3,741
sq ft approx |
| Ground
floor (rear) |
735 sq ft approx |
| Loading
bay area |
323
sq ft approx |
| basement |
Main
divided room
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4,403
sq ft approx |
| Rear
room with loading bay |
718
sq ft approx |
| Storeroom |
150
sq ft approx |
| total
floor area |
11,922
sq.ft approx |
In
addition are 2 x 2 bedroom flats plus good size yard
not measured. |
| Freehold:
| Offers
invited in the region of £4 million, subject to
contract, for the benefit of the freehold interest with
full vacant possession. Consideration may also be given
for the sale of the residential element separately,
terms upon application. Our clients may also consider
letting the entire premises. |
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| Legal
Costs : |
Each
party to be responsible for their own legal costs. |
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| Possession: |
Immediate
upon completion of legal formalities. |
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| Viewing: |
Strictly
through sole agents. Pater Goodman Merriman |
 
| These details are issued on
the strict understanding that they do not form part of any contract, that
no warranty is given or implied as to the accuracy of any information given
herein or otherwise in the property or any services none of which have been
tested. Any intending party must rely on their own inspection and enquiries.
All negotiations must be conducted through Pater Goodman
Merriman |
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grant
house, 56/60 st john street, london EC1M 4HG, t
020 7253 2525, f 020 7253 1515
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