![EC1 Charterhouse Building](https://assets.website-files.com/634ea65880b926068fa13afc/636136e127f99c43a7a4ccc5_ec1-charterhouse-left-thumbnail.jpg)
The opportunity
Located just off Old Street, this 11,500 sq ft building was acquired unconditionally on a sale and leaseback from The Society of Geneologists, who had owned and occupied the building since 1990. The building offered the potential to be refurbished to a high standard on vacant possession and for up to 2 additional floors of office space.
The result
A planning application was submitted to the LB of Islington for the redevelopment of the existing building and the addition of 2 floors of office space to increase the floor area by 35%, together with a complete redesign of the façade.
16,000
Sq.ft
£20M
GDV