Class E Unit – Fully Fitted with Kitchen Extract in Situ
New Lease Available

LOCATION

The property is located on Farringdon Street 80m to the north of Ludgate Circus. The premises are at the entrance to 5 Fleet Place, a 125,000 sq ft office development and the headquarters of international law firm, Charles Russell Speechlys. Goldman Sachs’ new head office at Plumtree Court is situated nearby with over 825,000 sq ft of accommodation and numerous other large corporate office occupiers. The property is also directly opposite the Italian Consulate.
Local connections are excellent with the City Thameslink, London Blackfriars and Farringdon Station, with access to the London Underground and Elizabeth Line all situated nearby. Local occupiers include Pret a Manger, Caffe Nero, Pure and M&S Food to Go.

TENURE

A new lease for a term to be agreed.

RENT

£80,000 per annum exclusive.

ACCOMMODATION

The premises are arranged over ground floor only, fully fitted with kitchen extract and full cooking and preparation facilities and customer WC. Servicing is possible from the rear of the premises into a dedicated loading area.

The unit has the following approximate dimensions and areas:

Internal Width  21 ft 4 ins         6.50 m
Shop Depth        55 ft 9 ins        17.00 m
Ground floor      1,866 sq ft       173.40 sq m

RATES (2022/23)

Rateable Value:                              £65,500
Rates payable (UBR: £0.524):    £34,322
Future RV (from 1 April 2023)   £68,500

All interested parties should verify the business rates with the relevant local authority.

USE

The premises benefit from the new Class E planning consent which will enable the premises to be used for various commercial uses such as retail, restaurant, office and gym without the need for change of use.

VIEWING

By appointment with joint agents Stephen Kane & Company.

Ewan Stacy              es@stephenkane.co.uk | 07415 336 490
Or joint agent:
Hooper Commercial Property