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42 Brushfield Street, Spitalfields, London, E1 6AG

Offers in Region of
£785,000

£1319.33 per sq ft

Business rates & charges may apply

Strettons, Commericial Agency- City & City Fringe
SIZE AVAILABLE

595 sq ft

55 sq m

SECTOR

Commercial property for sale

Key features

  • Located in a prime Spitalfields retail position on Brushfield Street facing Old Spitalfields Market
  • Nearby national occupiers in Brushfield Street include Space NK, Whistles, Aesop, Uniqlo, Anthropologie, On, Pho, Cos as well as a range of independent retailers.
  • A beautiful, Grade II Listed Georgian shop, with accommodation arranged over ground and basement levels
  • Held on a 999 year long leasehold interest from 11.07.1990 at a ground rent of £10 per annum
  • Total retail Gross Internal Area 595 ft2 (55.2 m2 )
  • Let to an established local retailer on a new 10 year lease expiring 07.04.2035 (mutual break 07.04.2030) with rents reserved of £50,000 p.a.x
  • Upper floor maisonette sold off on a sub-long leasehold interest at a ground rent of £100 per annum
  • Total net rents reserved of £50,090 per annum

Description

Description
The property is an inter-terraced shop located in a busy, prime retail trading position on the south side of Brushfield Street facing Spitalfields
Market. The building comprises a 3-storey plus mansard level, Grade II Listed Georgian built property, the upper floors of which are configured as a
single maisonette which has been sold off on a 125 year-long leasehold interest at a nominal ground rent. The retail element is configured over ground and basement levels, with a period shop front incorporating the historic Annie Gold signage fronting Brushfield Street. The retail premises is self-contained, with a single stair connecting the two levels, with a good largely open plan ground retail area and basement (which is also currently utilised for retail sales) with small rear store and toilet/back of house area.

Location
The property is located right in the heart of Spitalfields, on the eastern edge of the City of London. This is a highly sought after office, residential and retail location with the Spitalfields Market complex located opposite, and Brick Lane, as well as a variety of boutique shops, and trendy eateries all being close by.

The area is well served by public transport with Liverpool Street Station (Tube, Overground, National Rail), (5-minute walk), Aldgate East Station (8-minute walk), Shoreditch High Street Overground (12-minute walk). The location supports a wide variety of quality independent retail and F&B
businesses. Nearby occupiers on Brushfield Street include Space NK, Aesop, Anthropologie, Uniqlo, Pho, The Gun Spitalfields and many more.

Brochures

42 Brushfield Street, Spitalfields, London, E1 6AG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Liverpool Street Station0.2 miles
  • Shoreditch High Street Station0.3 miles
  • Aldgate East Station0.3 miles

About Strettons, Commericial Agency- City & City Fringe

1-3 Sun Street, London, EC2A 2EP

Strettons is a London-based firm of property advisors providing multidisciplinary expertise across a wide range of commercial and residential property sectors throughout the UK.

For over 90 years, Strettons has provided specialist advice to buyers, owners, occupiers, investors and developers, with our in-house agency, management, auction, valuation and advisory teams working as one to add value.

Award-winning commercial and industrial agencies with specialist knowledge in East and North London. Our agency teams cover a wide cross-section of the market, with knowledge of each sector and what its investors or modern occupiers need to grow their operations.

Part of a multi-disciplinary firm with a full range of complementary commercial services, we work together to offer advice on every stage of property ownership. As a team, we cover Office, Retail, Licenced & Leisure, Investment, Development, Medical, Educational and Community, Hotels, Flexible Workspace and Tenant Representation.

Please contact us to speak about any of your search requirements or questions.

Notes

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