The freehold property is well located in the Shoreditch area and within walking distance to Old Street Underground Station and Barbican Underground Station. The location has become a favoured destination for companies in the creative, technology, media, and fashion industries. The area is home to numerous major projects including the White Collar Factory and The Bower as well as established tenants such as Adobe Inc., Farfetch and Morningstar, Inc. The property is set to benefit from a major regeneration in the area with the transformation of the Old Street Roundabout, and a significant redevelopment planned for the Moorfields Eye Hospital, a 2.5-acre site that is located adjacent to the property. It is now partially leased with plans for a refurbishment.