Short-term Opportunity To Let in Aldgate
Potential to Combine

LOCATION
The property is situated on Minories in the City of London linking Aldgate High Street to Tower Gateway. Tower Hill, Aldgate and Fenchurch Street stations are within a short walking distance.
The location benefits from the local office population with occupiers including Uber, Arcadis, AECOM and Smart Focus. In addition, nearby hotels include Canopy by Hilton, Hotel Motel and Hotel Indigo. Nearby retail and leisure occupiers include Slug & Lettuce, The Chamberlain, Itsu, Pret a Manger and The Wine Library.

TENURE & RENT 
A new lease is to be made available for a term until October 2026.
Rent upon application.

ACCOMMODATION
The property comprises two ground floor units separated by a nonstructural wall. Both units, which benefit from extensive front glazing, have kitchen extraction and internal finishes in situ. The property, which could be transformed into an individual larger unit, has the following approximate dimensions and areas:

Ground Floor Unit 1           2,480 sq ft /  230 sq m
Ground Floor Unit 2        1,660 sq ft  / 154 sq m

USE
The premises benefit from Class E planning consent.

RATES 2023/24

Unit 1
Rateable Value:                                                £90,500
Rates payable (UBR multiplier: £0.544):  £49,232

Unit 2
Rateable Value:                                                £49,250
Rates payable (UBR multiplier: £0.511):    £25,167

A business may be entitled to 75% off the chargeable amount, up to a figure of £110,000, from 1 April 2023 to 31 March 2024. All interested parties should verify the business rates with the
relevant local authority.

VIEWING
By appointment with sole agents Stephen Kane & Company.

Kristian Kendall
kjk@stephenkane.co.uk | +44(0)7917 347 434
Ewan Stacey
es@stephenkane.co.uk | +44(0)7415 336 490

MARKETING DETAILS