£39,500 PA
Middlesex Street, Aldgate, E1

Retail | 766 Sq Ft


Description

LOCATION
The property is located in the Portsoken ward of the City of London, near to Aldgate and just south of Devonshire Square. The unit forms part of the Middlesex Street Estate, a large mixed-use scheme built in the 1960s for the City of London Corporation.
The unit is well situated on the main thoroughfare of Middlesex Street and close to St Botolph Building, home to a number of major insurance brokers. The stations of Liverpool Street, Aldgate and Aldgate East are within short walking distance. The unit is also situated close to a large Travelodge Hotel at 1 Harrow Place.

The immediate vicinity attracts a diverse mix of local and national retail and leisure occupiers, including Eat, Haz Restaurants, Puregym, Hummingbird Bakery, Cotsworld Outdoor and Honest Burgers.

DESCRIPTION
The premises comprise a ground and first floor lock up shop. A stair core is situated to the rear providing access between floors. The unit benefits from an external roller security shutter door.

USE
The unit benefits from Class A1 use and would suit café or retail occupation. The Lessor would consider alternative uses such as A3, D1 or D2, subject planning and any other
necessary consents.

LEASE
A new lease is being offered direct from the landlord. The lease is to be held outside the security of tenure provisions of the Landlord
& Tenant Act 1954. The property is available on a 10-year term subject to a mutual rolling break option after the 31/03/2013.

TERMS


Service charge
TBC

Business Rates
Rateable value 2017/2018 - £14,500 Payable – approx. £6,757 per annum

EPC
C64

Total Size

71.2 m2 / 766 sq ft

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