5 Leigh Street, London, WC1H 9EW
Size
1,227
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Mixed use, Restaurant
Key features
- Commercial Ground Floor let to Biryani Wali Ltd restaurant, occupying 291 Sq Ft and Producing an annual rental income of £14,800
- Upper floors comprise five residential apartments, three of which are sold off on long leaseholds.
- A total income of £65,512 per annum across commercial and residential.
- Remaining within the ownership is a Lower Ground 1 bedroom apartment (Unit E), totalling 592 Sq Ft and a 1st floor studio apartment (Unit C), totalling 344 Sq Ft with an outdoor terrace totalling 194 Sq Ft.
- Asset management opportunities include increasing the retail rent, with ERVs in the region of £20,000 per annum.
- Guide price in the region of £1,000,000 Subject to Contract. This price reflects a capital value of £815per Sq Ft and a Net Initial Yield of 6.13%, assuming purchasers’ costs of 6.8%.
Description
5 Leigh Street, WC1H is a characterful mixed-use building set in the heart of Bloomsbury.
It sits just off Marchmont Street, in a well-established Bloomsbury setting characterised by period buildings, academic institutions and a strong professional occupier base. The street itself is relatively quiet and residential in feel, while still benefiting from close proximity to local amenities, cafés and independent retailers along Marchmont Street.
The building is a traditional London property, typical of Bloomsbury’s stock, with a restrained period façade. The building comprises a commercial ground floor area, and residential upper parts.
The area is popular with professional services, education-related occupiers and medical practices, drawn by the calm environment and central location.
Connectivity is strong, with Russell Square, King’s Cross St Pancras and Euston all within easy walking distance, providing excellent Underground and national rail links.
Location
5 Leigh Street benefits from excellent public transport connectivity, making it highly accessible despite its quiet, residential setting. Russell Square = (Piccadilly line) is a short walk away, providing direct links to the West End, Heathrow Airport and King’s Cross St Pancras. Goodge Street (Northern line) is also within walking distance, offering fast north–south connections through central London. King’s Cross St Pancras is close by, giving access to national rail services, Eurostar, and multiple Underground lines. Euston station is also within easy reach, further strengthening regional and intercity connectivity Numerous bus services run along Marchmont Street, Gower Street and Tavistock Place, offering frequent connections across Bloomsbury, the West End, the City and beyond. Overall, the property is exceptionally well connected - combining the calm of a residential Bloomsbury street with quick and convenient access to London’s wider transport network.
- Service charge
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- Business rates
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- Use class
- C3, E
- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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5 Leigh Street, London, WC1H 9EW
About LDG, Commercial, London
Property People Serving Fitzrovia's Businesses, Residents & Neighbouring Communities
We believe buying, selling, letting and managing commercial or residential property shouldn't have to be stressful and unpredictable. At LDG, it's our mission to take this out of the equation. Our no-nonsense philosophy is based on values of integrity, honesty, and delivering tangible results. Throughout our 5 decade journey, we've developed an instinctive knack and know-how for matching the right places with the right people. And it all starts with getting to know you.
We're passionate about people, their businesses, and spaces.
We use our match-making skills to ensure that the process of buying, selling, or leasing remains simple.
Whether you have a large portfolio or own one building, are a business seeking to sublet space or a start-up looking for 2 desks; it doesn't matter to us, everyone is important. Regardless of the size of your space and scope of your ambition, you can be sure you'll receive expertise, transparency, and dedication from us at every stage.
Marketing your property
We know our Central London audience; they're sophisticated, tech savvy, and demanding people who strive for the best - just like us! We don't bore them with lengthy descriptions and cliched language. We provide them with what they want: facts and stimulating visuals.
When selling or leasing a property, images are everything. That's why we invest in professional photography to create eye-catching imagery that speaks for itself. We know this doesn't exactly sound ground-breaking, but it really isn't the industry norm. There's an art to getting the visuals right which we've perfected - we want your property to stand out, whether in a brochure, on a property portal, or on the socials.
Listening to you
Rather than talk at you with nauseating sales spiel, or fire off a list of questions - what's your budget, how many desks do you need, when do you want to move - we'd rather listen. Getting to know you on a human level helps us understand what makes you tick. Without knowing what's important to you, how can we work out what properties and neighbourhoods will suit you best?
With our deep-rooted knowledge of our local areas - and the beautiful, individual quirks that make them special - we can match you with a neighbourhood and a sale or rental property in the most effective way.
Making connections
We know that finding the right property, buyer, or tenant is only part of the story and that communication is key to making the rest of the process go as smoothly as possible. In order to manage expectations and marry up timings, we do our best to thoroughly understand each party and their timeframes.
As the saying goes, it's all about who you know. With our extensive database of contacts within and outside of the commercial property industry, we can use our connections to help you get the best outcome.
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Disclaimer - Property reference 350865-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LDG, Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.