Unit 2 Lexington Building, 40 City Road

At a glance

Key Points

• Ground floor area - 1047 sq ft
• Close to Old Street Station
• Open-plan layout
• New lease - available summer 2023
• Rent, £70,000 per annum exclusive
• Ideal for a range of retail/office occupiers
• High commuter footfall
• Developing edge of City location

Description

Unit 2 - 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 double fully glazed frontage. The ground floor comprises 1047 sq ft and has an open-plan layout ready for fit-out.

The rent is £70,000 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.

The 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.