Glasshouse Yard, 26 – 28 Glasshouse Yard, London, Office, For Sale

OVERVIEW

Two Glasshouse Yard offices near Barbican earn £3.07M yearly, with potential for 36% expansion, adding 19,524 sq ft.

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Glasshouse Yard, 26 – 28 Glasshouse Yard, London, Office For Sale - Street View

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SPECIFICATIONS

Two office buildings, 20-25 and 26–28 Glasshouse Yard (GHY), which form a prominent corner site with fantastic views over the Grade I listed Charterhouse.
26 – 28 GHY is an HQ office building comprising 47,611 sq ft arranged of LG, G and six upper floors. It is let in its entirety to Amazon UK Services Ltd at a passing rent of £2,664,475 per annum
Total topped up passing rent of £3,074,995 per annum reflecting a highly reversionary £56.56 per sq ft.
Prime Central London location 100 metres from Barbican Station and 250 metres from Farringdon Station (East) entrance.
20-25 GHY comprises 6,759 sq ft office building which was fully refurbished in Dec 2022. The building has a topped up passing rent of £410,520 per annum reflecting £60.74 per sq ft .
Anomaly have undertaken an initial feasibility study outlining the potential to enhance value by increasing the massing by 19,524 sq ft a 36% uplift in floor area to give 73,894 sq ft.

LOCATION

GHY is situated immediately to the north of Barbican underground station and approximately 250 metres to the north-east of the East entrance to Farringdon Station, providing exceptional transport connectivity across London.

The area immediately surrounding GHY has a diverse mix of amenities and cultural offerings, creating a vibrant environment to work, live and
socialise. To the rear of GHY is the Grade I listed Charterhouse which adjoins the Smithfield Market. 300 metres to the east is the vibrant White
Cross Market, London’s premier daily food market that is frequented by City office workers.

MORE INFORMATION

Description

26- 28 Glasshouse yard comprises of a former telephone exchange that was comprehensively redeveloped in 2011 to provide 47,611 sq ft of well specified Grade A offices. The modern spacious office is accessed from Glasshouse Yard through an impressive double height glazed reception.

26-28 Glasshouse Yard is arranged over lower ground, ground and 1st to 6th floors. The upper floors are bright, spacious and have fantastic views of the historic grade 1 listed Charterhouse. In addition to this, the 3rd – 6th floors benefit from external terraces.

20-25 GHY comprises of 6,759 sq ft of office accommodation arranged over lower ground, ground and three upper floors.

The building was comprehensively refurbished in 2018 inclusive of new M&E and windows. In Dec 2022 all floors were fully fitted and furnished to Cat A+ specification to provide office suites with excellent floor-to-ceiling heights, high quality furnishings, and exposed services.