The retail unit is situated in a prime lunchtime location in Farringdon on the corner of Old Street and Whitecross Street. Whitecross Street is widely known for its thriving lunch-time market that attracts an overabundance of nearby office workers seeking to sample the delights on offer.
The A1/A3 retail unit is accessed from the corner of Old Street and Whitecross Street, a prominent corner pitch with a high footfall.
The return frontage is 8.3m on Old Street and 3.4m on Whitecross Street.
The unit has recently been refurbished and fitted out to a very high standard and boasts excellent floor to ceiling heights and natural daylight at ground floor.
The property is available immediately.
Use Class: A1/ A3
Interested parties should be aware there is a restriction on the cooking of food on the premises, but the heating up of food is permitted.
|Ground Floor||629 sq. ft.||58.4 sq. m.|
|Basement||595 sq. ft.||55.3 sq. m.|
|Total||1,224 sq. ft.||113.7 sq. m.|
We understand that the rates payable for 2018/19 are £15,588.37 / £12.73 per sq. ft.
Interested parties must contact The London Borough of Islington to satisfy themselves to the accuracy of these figures.
Each party to be responsible for their own legal costs incurred in the transaction.
The premises are available by way of assignment of existing lease expiring in August 2033. The lease is held inside the Landlord and Tenant Act 1954.
Rent reviews in September 2021, 2026 and 2031.
The passing rent is £38,000 per annum exclusive
Premium in excess of £50,000 is sought.
Property Misdescriptions act 1991 / Misdescriptions Act 1967. Anton Page LLP for themselves and for the vendors of this property whose agents they are, give notice that: These particulars do not form any part of any offer or contract: the statements contained therein are issued without responsibility on part of the firm or their clients and therefore are not to be relied upon as statements or representations of fact, any intending purchaser must satisfy himself as to the correctness of each statement made herein: and the vendor does not make or give, and neither the firm nor any of their employees have the authority to make or give, any representation or warranty whatever in relation to this property. All prices exclude VAT.