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Landmark building in the City Fringe acquired for global wine merchant
19th Century former Fire House Located in heart of Farringdon moments from Exmouth Market Character building with original features throughout c. 7,000 sq ft Currently Let to an office provider
About the property
Landmark building in the City Fringe acquired for global wine merchant. 19th Century former Fire House Located in heart of Farringdon moments from Exmouth Market Character building with original features throughout c. 7,000 sq ft Currently Let to an office provider on the upper floors with a framing company in a self-contained ground floor – Short term leases. Purchased for one of the largest wine distributers to occupy the upper floors as offices, with a private client invite only wine & bar area for entertaining on the ground floor. Search carried out over a number of months looking at off market opportunities in the City Fringe. Roseberry Avenue was targeted as a great opportunity for the clients to stamp their identity on an un-refurbished building with huge amounts of character and original features. Acquired the building at a low capital value to the market, given the demand we have been seeing in the City Fringe for buildings. Works will commence once the short-term tenancies expire, with RIB continuing to assist the purchaser with their works and refurbishment programme.