Commercial · For sale

Whitecross Studios, London – Freehold Office Repositioning Opportunity

50 Banner Street, London, Greater London, EC1Y 8ST

Offers over £9,000,000

Tenure

Freehold

Added

18 Oct 2026

About this property

Asset Management • Refurbish the second and third floors. • Create a communal roof terrace. • Create private terracing on the first floor. • Upgrade the end-of-journey facilities on the lower ground floor. • Add massing by way of a new fourth floor, subject to obtaining the necessary consents. • Utilise the car park to create additional tenant amenity.

Key points: - Prominently situated with a large frontage onto Banner Street. - Located within the Old Street submarket, London's creative and. - Four minutes' walk from Old Street station and seven minutes from Moorgate, providing access to the Elizabeth line. - 22,182 sq ft of office accommodation over ground and three upper floors. - Sixteen-space underground car park offering the potential to. - 51% by floor area let to The Church of England Children's Society at a passing rent of £702,884 per annum (£62.21 psf) until 19 February 2029. - Occupied accommodation and reception fully refurbished in 2019. - Opportunity to immediately refurbish the vacant floors and create a communal roof terrace. - Lapsed planning consent to increase the office accommodation by 5,706 sq ft. - Ground floor sublet to AdMarketPlace UK Limited from 30/09/2026, expiring 12/02/2029.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £702.9k pa
• Capital Value: £406 psf
• Tenure: Freehold