Unit 3 Lexington Building, 40 City Road

At a glance

Key Points

• Ground floor 1322 sq ft
• Basement 573 sq ft
• Close to Old Street Station
• New lease - available summer 2023
• Rent, £80,000 per annum exclusive
• Ideal for a range of retail/office occupiers
• High commuter footfall
• Prominent fully glazed frontage

Description

Unit 3 - 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 prominent fully glazed frontage. The ground floor comprises 1322 sq ft and the basement measures 573 sq ft which means a total of 1895 sq ft of space. This is an ideal City retail/office/showroom opportunity.

The rent is £80,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.

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.