Office for sale in Pear Tree Court, 58 Farringdon Road, Farringdon EC1R
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Property description
Key Points
Description
A prime, self contained Freehold in central Farringdon, 250 meters from Farringdon Station.
Corner building fronting Farringdon Road and Pear Tree Court. The commercial element is self contained with two entrances on Farringdon Road, meaning the three floors can be occupied on a floor by floor basis.
The commercial element requires a comprehensive refurbishment and benefits form excellent floor to ceiling heights.
The 18 residential flats are sold off on 999 year leases from 1999 and are accessed via a separate entrance on Pear Tree Court.
The passing ground rent is £5,000 per annum and doubles in June 2024 to £10,000 per annum. In June 2059 it increases to £20,000 per annum and then increases again to £25,000 per annum from June 2084.
We are seeking offers in excess of £2,350,000 reflecting an attractive capital value of £550 per sq ft.
Location
58 Farringdon Road is situated in a prime Farringdon location, 250 metres from Farringdon Station’s Turnmill entrance providing access to the new Elizabeth Line (Crossrail), Thameslink and London Underground network.
Crossrail: Tottenham Court Road (2 mins), Bond Street (4 mins), Paddington (8 mins), Heathrow Airport (31 mins).
Both Leather Lane and Exmouth Street Markets are within a 5 minute walk offering an array of street vendors, bars, cafes and restaurants.
Availability_Text
The accommodation comprises the following areas:
Property info
First Floor.pdf View original
View Floorplan 1(Opens in a new window)
Lower Ground Floor.pdf View original
View Floorplan 2(Opens in a new window)
Ground Floor.pdf View original
View Floorplan 3(Opens in a new window)
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Compton, EC1V on +44 20 8033 6251 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Compton, and do not constitute property particulars. Please contact Compton for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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