Unit 2 Lexington Building, 40 City Road
London, EC1Y 2ANThe Space
City edge - Commercial long Leasehold opportunity
At a glance
| Property Type | Retail |
| Tenure | For Sale |
| Size | 1,047 sq ft |
| Price | £825,000 |
| Business Rates | Upon Enquiry |
| Service Charge | To be confirmed |
| Energy Performance Rating | This property has been graded as D (87) |
Old Street
2 mins
Moorgate
8 mins
Liverpool Street
10 mins
Shoreditch High Street
10 mins
Old Street
2 mins
Moorgate
8 mins
Shoreditch High Street
9 mins
Liverpool Street
10 mins
Key Points
- Ground floor area - 1,047 square feet
- Close to Old Street Station
- 250 Year long Leasehold
- Edge of City location - good level of commuter footfall
- Sale price: £825,000
- Ideal for a range of retail/office occupiers
- Benefits from a double fully glazed frontage
- Ideal for an owner/occupier or commercial investor
Description
Unit 2 - Lexington Building.
The Lexington Building is a modern mixed-use development comprising 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 and 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 on the ground floor and benefits from a double fully glazed frontage. The unit has an open-plan layout and is ready for fit-out.
Sale price of £825,000 on the basis of a 250 long Leasehold basis. Service charge 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 and Moorgate are all within approximately 5-10 minutes' walk.
Viewings
By appointment with Stirling Ackroyd
