Retail premises for sale in 13 Great Eastern Street, Shoreditch, London EC2A

Key Points

Description

Self-contained retail / office / showroom / Class E premises with approx. 17ft frontage to Great Eastern Street. There is full height glazing and a generous ceiling height to the ground floor area. The basement provides ancillary office or storage space along with a w/c. A new staircase linking the floors will be required with two possible positions; either at the front or the rear. The adjoining neighbouring corner unit is also still available, details available on request.

Location

The premises are located on south side of Great Eastern Street near its junction with Shoreditch High Street and Commercial Street, close to Liverpool Street station and Spitalfields and on the southern edge of the vibrant ‘Shoreditch Triangle’. Old Street station and Shoreditch High Street station are also very close. A plethora of retailers and restaurants are nearby including Bishopsgate, Redchurch Street and BoxPark.

Terms

Rent: New effective Fri lease, quoting rent £36,000 / annum exclusive.

Sale: Existing long-leasehold interest, quoting £525,000.

Business Rates

The rating will need to be split from the neighbouring property. We estimate that the rateable value will be approximately £11,000 based on the 2023 valuation, which would lead to rates payable April 2023 - March 2024 of approximately £5,500. Interested parties are advised to make their own enquiries to the London Borough of Hackney.