agent
Monte-Carlo Sotheby's International Realty
98000Monaco
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6 bedroom house for sale
USD$8,847,446

Description

Discreetly positioned away from the street stands an exceptional Victorian building with a rich and storied history. Originally built as a warehouse this property has the potential to be transformed into a wonderful trophy home and offers a secure and secluded sanctuary away from the hustle and bustle of the city. Having formerly been used as an exhibition space, a workshop and a performing arts space, a succession of artists have frequented the site over the years including David Bowie and Terence Donovan. Originally constructed in 1906, the property is currently arranged as 12 individual units within the large warehouse but the extraordinary space has the potential to be transformed into a one-of-a-kind home. The existing main building has four levels, including a flat roof terrace, that are large lateral floor spaces each equivalent to a full-size tennis court. Despite its storied past the building is not listed and the large rooms and planning permission, which has already been granted, create a wealth of options on how to transform the space. This is an exciting opportunity to re-imagine the whole scheme. The possibilities for what a new and reimagined scheme could look like include a cinema room, a gym, and a swimming pool as well as transforming the roof terrace which benefits from exceptional views of the Georgian houses the area is famed for, and the city of London in the distance. Permission has been granted to excavate the basement to create more square footage. The current owners have worked extensively with the highly lauded architect James Engle to explore different options on how the home could be transformed. Alternatively, permission has been granted to knock down the building and construct three modern townhouses. Access is via a private gated archway with off-street parking meaning the site is particularly quiet and private for this part of London. The plot is in an excellent position in the Barnsbury Conservation Area, close to Islington High Street, with its wonderful boutique shops and world-famous restaurants. King's Cross and Saint Pancras stations with their convenient transportation links are a 15-minute taxi ride away, and cultural attractions like the British Library and Central Saint Martins University are within walking distance via the Regents Canal towpath.