Freehold Central London Retail and Residential Investment
Shop let to tenant trading as Barbican Pizza until October 2033 (no breaks)
Includes three self contained flats
Vibrant historic location 600m north of the City of London
Close to Queen Mary University of London, City University and East London Tech City
VAT-free London Investment
Lot 8
Auction 16th June 2021
Rent £72,429 per Annum Exclusive
Status Sold
Price £1,350,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
600 metres north west of Moorgate Underground Station
450 metres north-east of Barbican Underground Station
850 metres miles north-west of
Liverpool Street
Roads
A1, A10, A501 (Inner Ring Road)
Rail
Barbican Underground, Old Street Underground , Moorgate Underground, Liverpool Street Main line and Underground
Air
London City, London Heathrow,
Situation
The property is situated on the west side of the busy Whitecross Street some 600m north of the London Wall and the City of London. The iconic and fashionable Barbican Cultural Arts Centre and residential estate is some 250 metres south of the property. The locality benefits from its proximity to Queen Mary University of London, City University and fast growing East London Tech City at Old Street. Nearby retailers include Waitrose, Pret A Manger and a number of independent shops, cafe's and restaurants. Major office occupiers are to numerous to list but include the law firms, Slaughter and May, Linklaters and Addleshaw Goddard.
Tenure
Freehold.
Location
Miles
600 metres north west of Moorgate Underground Station
450 metres north-east of Barbican Underground Station
850 metres miles north-west of
Liverpool Street
Roads
A1, A10, A501 (Inner Ring Road)
Rail
Barbican Underground, Old Street Underground , Moorgate Underground, Liverpool Street Main line and Underground
Air
London City, London Heathrow,
Situation
The property is situated on the west side of the busy Whitecross Street some 600m north of the London Wall and the City of London. The iconic and fashionable Barbican Cultural Arts Centre and residential estate is some 250 metres south of the property. The locality benefits from its proximity to Queen Mary University of London, City University and fast growing East London Tech City at Old Street. Nearby retailers include Waitrose, Pret A Manger and a number of independent shops, cafe's and restaurants. Major office occupiers are to numerous to list but include the law firms, Slaughter and May, Linklaters and Addleshaw Goddard.
Tenure
Freehold.
Description
The property comprises a lock up shop with retail accommodation on the ground floor with ancillary accommodation in the basement. The three upper floors each accommodate a single one bedroom self contained flat which are accessed separately from Whitecross Street.
VAT
VAT is not applicable to this lot.
EPC
C (shop). See legal pack at www.acuitus.co.uk.
Description
The property comprises a lock up shop with retail accommodation on the ground floor with ancillary accommodation in the basement. The three upper floors each accommodate a single one bedroom self contained flat which are accessed separately from Whitecross Street.
(1) The floor areas stated above for the ground floor and basement have been published by the Valuation Office Agency.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
