£785,000

Retail premises for sale

  1.  External .Jpg
  2.  42 Brushfield Street 6.Jpg
  3.  42 Brushfield Street 14.Jpg
Freehold

Offers in region of

£785,000

(£1,319.33/sq. ft)

Retail premises for sale

42 Brushfield Street, Spitalfields, London E1

595 sq. ft

Local area information

Property location

Nearby amenities

  • Christ Church CofE School 0.2 miles
  • London Liverpool Street 0.2 miles
  • The Complete Works Independent School 0.3 miles
  • Shoreditch High Street 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Spitalfields, City of London and Aldgate to find out more about the local area.

Features and description

  • Freehold
  • Located in a prime Spitalfields retail position on Brushfield Street facing Old Spitalfields Market
  • Nearby national occupiers in Brushfield Street include Space nk, Whistles, Aesop, Uniqlo, Anthropologie, On, Pho, Cos as well as a range of independent retailers.
  • A beautiful, Grade II Listed Georgian shop, with accommodation arranged over ground and basement levels
  • Held on a 999 year long leasehold interest from 11.07.1990 at a ground rent of £10 per annum
  • Total retail Gross Internal Area 595 ft2 (55.2 m2 )
  • Let to an established local retailer on a new 10 year lease expiring 07.04.2035 (mutual break 07.04.2030) with rents reserved of £50,000 p.a.x
  • Upper floor maisonette sold off on a sub-long leasehold interest at a ground rent of £100 per annum
  • Total net rents reserved of £50,090 per annum
Description

The property is an inter-terraced shop located in a busy, prime retail trading position on the south side of Brushfield Street facing Spitalfields
Market. The building comprises a 3-storey plus mansard level, Grade II Listed Georgian built property, the upper floors of which are configured as a
single maisonette which has been sold off on a 125 year-long leasehold interest at a nominal ground rent. The retail element is configured over ground and basement levels, with a period shop front incorporating the historic Annie Gold signage fronting Brushfield Street. The retail premises is self-contained, with a single stair connecting the two levels, with a good largely open plan ground retail area and basement (which is also currently utilised for retail sales) with small rear store and toilet/back of house area.

Location

The property is located right in the heart of Spitalfields, on the eastern edge of the City of London. This is a highly sought after office, residential and retail location with the Spitalfields Market complex located opposite, and Brick Lane, as well as a variety of boutique shops, and trendy eateries all being close by.

The area is well served by public transport with Liverpool Street Station (Tube, Overground, National Rail), (5-minute walk), Aldgate East Station (8-minute walk), Shoreditch High Street Overground (12-minute walk). The location supports a wide variety of quality independent retail and F&B
businesses. Nearby occupiers on Brushfield Street include Space nk, Aesop, Anthropologie, Uniqlo, Pho, The Gun Spitalfields and many more.

More information

Report this listing

Listed by

Strettons City & City Fringe Commercial Agency

View agent properties
Logo of Strettons City & City Fringe Commercial Agency

Property descriptions and related information displayed on this page are marketing materials provided by - Strettons City & City Fringe Commercial Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Strettons City & City Fringe Commercial Agency for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Liverpool Street
  6. Brushfield Street