To Let
City Road, Old Street
£47,500 pax


This is mid-terraced mixed use building is moments from OLD Street Station. On the ground floor and basement there is a a successful cafe and on the upper two floors a 3 bedroom flat. All forming part of the same lease.

LOCATION
The property is located in a prominent position on City Road, located approximately 50 meters to the north of Old Street ‘Silicon’ Peninsula in the heart of Tech City and surrounded by a number of large scale mixed-use developments. With a number of excellent bars, restaurants, gyms, coffee shops and more on its doorstep, the building is in one of the most sought after locations. Old Street is the principal northern gateway into the City of London with City Road and Old Street the primary arterial roads connecting it with Angel and Kings Cross, Holborn and the West End.

DESCRIPTION
The Cafe unit occupies the ground floor and basement of this mid-terraced mixed use building. The ground floor benefits from floor to ceiling frontage followed by the main retail area and a heated patio at the rear. The property further benefits from preparation kitchen and storage space in the basement.

The first and second floor houses a 3 bedroom flat which has recently been refurbished. Currently rented on AST basis.

Premium is being sought for location, fixture and fittings of £250,000

ACCOMMODATION
Gross Internal Area: 1,117 Sq Ft (103.7 Sq M)

AMENITIES
Floor to ceiling window display
Tiled floors
Heated patio
Air-conditioning

TERMS
Assignment of an existing Full Repairing and Insuring Lease. 15 years commencing on 29 September 2021 and expiring on 28 September 2036, lease with a 5 year developers break clause.

OUTGOINGS
Parties are advised to make their own enquiries with the local authority.

VIEWING
Strictly by appointment through Drivers and Norris.

Contact us to request a video walkthrough.

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For further details on this property please call us on:
020 7607 5001

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