Sale of 80 Clerkenwell Road, London EC1


Capitalising on the intense interest in this area of fringe Central London, Croudace Properties has sold 80 Clerkenwell Road to a UK based institutional investor.

Croudace obtained planning consent for a 2,500 sq ft extension to the existing 11,000 sq ft office building and a change of use on the ground floor. With vacant possession due, the purchaser has the opportunity to create a highly prominent corner showroom and Grade A offices in the heart of Clerkenwell, close to the Farringdon Crossrail station.

Neil Scott, Director of Croudace Properties, provided some background. "Obtaining planning permission for the extension was a long and arduous process but it added significant value as the location is highly sought after by occupiers and investors alike. The property produced a good rental income throughout our ownership and we were able to use this period to maximise the planning consent. We are very pleased with the price achieved".


Croudace Properties is the operational name for the following companies:

Croudace Finance Ltd