Retail premises to let in Unit 1 Lexington Building, 40 City Road, London EC1Y

From £40,000 pa (£24.94/sq. ft. pa)
Interested in this property? Call +44 20 7768 0217 * or Request Details

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Retail premises to let

1,604 sq. ft*

Property description

Key Points

  • Ground floor sales area - 447 sq ft + Basement 1157 sq ft
  • Close to Old Street Station
  • Open-plan layout
  • New lease - available summer 2023
  • Rent, £40,000 per annum exclusive
  • Ideal for a range of retail occupiers
  • Location undergoing significant redevelopment.
  • High commuter footfall
  • Description

    Unit 1 - Lexington Building.
    The Lexington Building is a modern mixed use development - a mix of residential flats and three commercial units. The unit is located just south of Old Street Station which is undergoing significant redevelopment. A number of new mixed use commercial/residential developments are in close proximity and this section of City Road also benefits from high commuter footfall - the unit is located opposite Pret A Manger and close to a Sainsbury Metro store

    The unit is divided over ground floor and basement with a single fully glazed frontage. The ground floor comprises 447 sq ft and the basement measures 1157 sq ft which means a total of 1604 sq ft of space. This is an ideal City retail/office/showroom opportunity.

    The rent is £40, ooo per annum plus VAT, a new lease is available from summer 2023. The lease terms are a minimum 3 month rent deposit plus
    service charge tbc - plus VAT and business rates tbc.

    Location

    This is an ideal opportunity to secure a commercial unit in a developing edge of City location. The unit is located on City Road (A501), just south of Leonard Street and Old Street Station. Shoreditch/Hoxton, Finsbury Square & Moorgate are all within an approximate 5-10 minutes walk.

    Viewings

    By appointment with Stirling Ackroyd

    Availability_Text

    The accommodation comprises the following areas:

    Property info

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    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Stirling Ackroyd - Commercial, EC2A on +44 20 7768 0217 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stirling Ackroyd - Commercial, and do not constitute property particulars. Please contact Stirling Ackroyd - Commercial 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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