Unit 3 Lexington Building, 40 City Road

At a glance

Key Points

• Ground floor - 1,453 square foot
• 250 year long Leasehold sale
• £1,050,000
• Ideal for an owner occupier/range of retail/office/showroom occupiers
• Lower ground floor - 538 square foot
• High commuter footfall - close to Old Street Station
• Prominent fully glazed frontage
• Commercial Investment opportunity

Description

Unit 3 - 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 divided over ground floor and basement with a prominent fully glazed frontage. The ground floor comprises 1,453 square feet and the basement measures 538 square feet, which means a total of 1,991 square feet of space. This is an ideal City retail/office/showroom opportunity for owner occupiers and commercial investors.

Sale price - £1,050,000 on the basis of a 250 long Leasehold. 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 a 5-10 minutes' walk.

Viewings

By appointment with Stirling Ackroyd