£60,000 pa
(£56.82/sq. ft. pa)
Retail premises to let10 Old Street, London EC1V
1,056 sq. ft
Just added
Part furnished
About this property
Prime location
Fitted out cafe unit
Showroom opportunity
Prominent corner position
Air conditioning
Large kitchen with fresh air system
Office
WC
Ample storage
Location
The property is located prominently on the corner of Old Street and Sycamore Street, very close to the busy junction with Clerkenwell Road and Goswell Road where Pret a Manger, Pizza Express and Costa Coffee all have outlets.
Old Street (Northern line and train) and Barbican (Circle, Hammersmith & City & Metropolitan lines) stations are approx. 5 minutes walking, and the area receives excellent footfall. Numerous bus routes also run along Old Street, right past the unit, 24/7.
Description
The premises is arranged as a ground floor café unit with basement kitchen and ancillary accommodation. The ground floor benefits from 35ft frontage, excellent natural light and a new shop fit out to include attractive counter and window seating, exposed air conditioning system, mechanical shutter and wood effect flooring.
The basement comprises a large kitchen with mechanical ventilation system and separate office, storage space and WC.
Lease
Assignment of 25 year lease from June 2025, granted outside sections 24-28 of the Landlord & Tenant Act for security of tenure, with tenant only break clauses at the end of the 10th and 20th years, and 5 yearly rent review pattern.
A new lease may be available on terms to be agreed by negotiation.
Annual rent
£60,000 per annum exclusive payable quarterly in advance.
User
Class E including café, retail and showroom.
Business rates
We understand that the Rateable Value from 1st April 2026 is £27,750. This is not the rates that you pay.
Business rates payable are estimated at £10,601 per annum. Interested parties are advised to make their own enquiries with Islington council.
Areas
(all areas are stated apx. NIA)
The premises comprises the following approximate floor areas and dimensions:-
Ground floor 485 sq ft 45.06 sqm
Basement 571 sq ft 53.05 sqm
total 1,056 sq ft 98.11 sqm
Frontage 35.00 ft 10.7 m
Shop depth 20.65 ft 6.29 m
Internal width 25.46 ft 7.76 m
Floor to ceiling height 9.85 ft 3.00 m
EPC
C/54
VAT
The premises is not currently VAT elected. The Landlord does not charge VAT on outgoings.
The property is located prominently on the corner of Old Street and Sycamore Street, very close to the busy junction with Clerkenwell Road and Goswell Road where Pret a Manger, Pizza Express and Costa Coffee all have outlets.
Old Street (Northern line and train) and Barbican (Circle, Hammersmith & City & Metropolitan lines) stations are approx. 5 minutes walking, and the area receives excellent footfall. Numerous bus routes also run along Old Street, right past the unit, 24/7.
Description
The premises is arranged as a ground floor café unit with basement kitchen and ancillary accommodation. The ground floor benefits from 35ft frontage, excellent natural light and a new shop fit out to include attractive counter and window seating, exposed air conditioning system, mechanical shutter and wood effect flooring.
The basement comprises a large kitchen with mechanical ventilation system and separate office, storage space and WC.
Lease
Assignment of 25 year lease from June 2025, granted outside sections 24-28 of the Landlord & Tenant Act for security of tenure, with tenant only break clauses at the end of the 10th and 20th years, and 5 yearly rent review pattern.
A new lease may be available on terms to be agreed by negotiation.
Annual rent
£60,000 per annum exclusive payable quarterly in advance.
User
Class E including café, retail and showroom.
Business rates
We understand that the Rateable Value from 1st April 2026 is £27,750. This is not the rates that you pay.
Business rates payable are estimated at £10,601 per annum. Interested parties are advised to make their own enquiries with Islington council.
Areas
(all areas are stated apx. NIA)
The premises comprises the following approximate floor areas and dimensions:-
Ground floor 485 sq ft 45.06 sqm
Basement 571 sq ft 53.05 sqm
total 1,056 sq ft 98.11 sqm
Frontage 35.00 ft 10.7 m
Shop depth 20.65 ft 6.29 m
Internal width 25.46 ft 7.76 m
Floor to ceiling height 9.85 ft 3.00 m
EPC
C/54
VAT
The premises is not currently VAT elected. The Landlord does not charge VAT on outgoings.
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