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Retail Property (high street) to rent

70 Compton Street, Clerkenwell EC1V 0BN

Removed £1,333 pcm
276 sq. ft.

Property Description

Commercial information

  • 276 sq ft (25 sq m)

Key features

  • Retail frontage
  • Potential for A1 or B1 use (STP)
  • New lease negotiable
  • Current use as a catering kitchen
  • Central London location
  • Dense office location

Full description

The property consists of 275 sq.ft of commercial space, all over the ground floor. The unit benefits from a glazed retail frontage and access from Compton Street.
There is currently a 15 year lease on the property from the 15th September 2014, however the current user clause only permits the use of a catering kitchen (no extraction) at a passing rent of £11,000 per annum exclusive which can be directly assigned.
There may be scope for a new lease for the property to be used as either a shop (A1 use) or an office (B1 use) subject to the landlords consent at the revised rent of £16,000.

Accommodation:
Ground Floor: 275.60

Compton Street is an attractive retail parade slightly to the north of the popular Brewhouse Yard. The surrounding area is made up of large office buildings and high-end residential flats. Retail provision in area is excellent with nearby operators including Waitrose, Tescos, Pret a Manger and William Hill.


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