TypeTraining & Welfare Investments · Schools & Training · Ground Rents
TenureFor sale
Freehold Class E and F1 (Education) Opportunity
Bankstock Building comprises a seven storey, mixed-use building of concrete frame construction, originally dating from the 1930s. It is arranged over lower ground, ground and five upper floors with commercial accommodation on the lower ground to third floors and residential use on fourth and fifth floors.
The freehold title is offered for sale together with the ground and first floor commercial accommodation, totalling 8,707 sq ft. The rest
of the building has been sold off on long leases.
The space has been fitted out and sub divided by the current occupier into a range of recording studios, classrooms and offices. The property also benefits from two secure car parking spaces in the basement car park.
The two floors are currently let to SAE Education Limited at a rent of £217,675 per annum, with vacant possession scheduled to take place 1st February 2027.
The opportunity would present an attractive purchase opportunity for owner occupiers looking to acquire their own premises within East London's vibrant Hackney district whilst investors will recognise the attractive capital value of just £287 psf based on the NIA.
The property boasts excellent transport connectivity provided via Haggerston and Hoxton Overground stations (Windrush line), both within walking distance, offering direct services across London and convenient interchange with the Underground, Elizabeth Line and National Rail networks. The building is located just off Kingsland Road, which is served by numerous bus routes, providing frequent services to the City, West End, Canary Wharf and wider East London.