CITY CENTRE PREMISES LEASEHOLD INTEREST 100 Ludgate Hill, London EC4M 7RE

Total Page:16

File Type:pdf, Size:1020Kb

CITY CENTRE PREMISES LEASEHOLD INTEREST 100 Ludgate Hill, London EC4M 7RE CITY CENTRE PREMISES LEASEHOLD INTEREST 100 Ludgate Hill, London EC4M 7RE LOCATION DESCRIPTION: Ludgate Circus is located in the City of London at The subject property comprises a period building with the intersection of Farringdon Street and New glazed and pillared frontage on the ground floor. Bridge Street (running north to south), cross Fleet The unit comprises a ground floor entrance hall Street and Ludgate Hill (running west to east). accessed from the front of the unit at Ludgate Circus junction, with list and stairs to the main floor above. The junction is extremely busy, whith direct The first floor comprises the main banking hall and access to City Thameslink Station and a five ancillary space including offices, kitchen and WCs. minute walk to both Blackfriars (Circle & District Lines) and St Pauls (Central Line). St The first floor is also accessible from street level Pauls Cathedral is situated 0.2 miles to the east towards the rear of the unit on Ludgate Hill. making the area popular with tourists as well as businesses. The unit benefits from return frontage. SITUATION The property occupies a highly prominent location TENURE on the north-eastern corner of Ludgate Circus at the junction of Farringdon Street and Ludgate Hill. Leasehold. The property is available by way of a sub-lease on Ludgate Circus features a wide array of leisure terms to be agreed up to 16th December 2027 at a and retail operators including Pret a Manger, rent of £212,500 per annum. Further details on Wagamama, Leon, Vision Express, Boots, Costa Coffee, Greggs, Itsu, as well as a variety of bars, request. pubs and restaurants. It is also in close proximity to multiple tourist hot spots in the City. ACCOMMODATION ENERGY PERFORMANCE CERTIFICATE The unit extends to the following approximate floor 100 Ludgate Hill: areas: – ‘C – 75’ Ground Floor: 415 sq ft / 38.52 sq m First Floor: 4,641 sq ft / 457.71 sq m TOTAL NIA: 5,056 sq ft (496.23 sq m) VAT The property is elected for VAT. RATES LEGAL COSTS Interested parties should make their own enquiries with Each party is to be responsible for their own legal costs. the local authority. VIEWING AND FURTHER INFORMATION PLANNING: Branch staff should not be approached for access. All viewings The unit currently benefits from A2 planning use, but are to be made by appointment through Sole Agents GL Hearn. may also be suitable for A1 or B1 uses. Adam Hanline Laura Wheatley +44 (0)20 7851 2157 +44 (0)7925 638258 [email protected] [email protected] Important Notice 1. This information is intended as a general outline only for the guidance of intending purchasers and does not constitute an offer or contract, or part of an offer or contract. 2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct. Intending purchasers should not, however, rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to their correctness. 3. No person in the employment of GL Hearn Ltd has any authority to make or give any representation or warranty whatsoever in relation to any of these properties. 4. Unless otherwise stated, prices or rents quoted are exclusive of VAT. July 2019 glhearn.com Ludgate Hill & St Pauls Experian Goad Plan Created: 06/08/2019 50 metres Created By: G L Hearn Copyright and confidentiality Experian, 2019. © Crown copyright and For more information on our products and services: database rights 2019. OS 100019885 www.experian.co.uk/goad | [email protected] | 0845 601 6011 Poweredby TCPDF (www.tcpdf.org).
Recommended publications
  • Onetwenty.London
    LONDON EC1 THE BUILDING INTRODUCTION 09: 00 THE WORKING DAY IS WHAT YOU MAKE OF IT Offering a newly designed, distinctive reception, 120 Aldersgate Street allows you to make the very most of every minute. In one of London’s most vibrant and iconic areas, welcome to 10,500 unsquare feet of urban office space just waiting to improve your working day. NO BETTER TIME NO BETTER PLACE 02 03 LONDON EC1 THE BUILDING OVERVIEW 08: 45 11: 29 PREMIUM WORK SPACE WITH A PERSONALITY ALL OF ITS OWN If you’re going to make an entrance, make it memorable. At 120 Aldersgate Street, the striking new reception area is just that. With a design inspired by the building’s history, this characterful building has undergone a transformation. Unique features include striking signage, contemporary furniture and an LED illuminated glass wall. The available office space features concrete finishes and exposed services, creating an urban warehouse flavour. An inviting third floor terrace adds to the working environment. 08: 45 Outdoor Entrance 11: 29 5th Floor Office Space 04 05 LONDON EC1 LOCAL AREA AMENITIES 08: 20 07: 15 Virgin Active 200 Aldersgate 08: 00 Look Mum No Hands 08: 20 Workshop Coffee HUNDREDS OF 13: 4 5 Bonfire AMENITIES... AND COUNTING! The immediate area is spoilt for choice when it comes to retail and leisure. Next door, just past the Virgin Active health club, the Barbican is a world of its own, which houses cinemas, restaurants, art galleries, an auditorium, landscaped outdoor areas and Central London’s 13: 45 19: 30 21: 00 largest public conservatory.
    [Show full text]
  • Prisoners in LUDGATE Prison., in the City of London
    1565 ] iliomas Nasb, fornterly, and late of Braintree, in tbc county SECOND NOTICE. of Essex, calmjtft-Kiaker. George Yoomans, lat,«of No. 7, John-street, CrutcUod-friar;*,' ChUrles Moore, formerly, anulrtte of Peckham, in the county and forrurrly' of No, 2, Hart-street, both in the city ef of Surrey, carpenter-. • London, taylor. Thomas SiavthaiVt, -i'lrt-mefjy of Seal, and late t>f Greenwich, .Tames Devilt, late of No. 73, Snowhill, and formerly of No. iwthetminiry wf iCcjrt, tdge-^tool-niaher. 75, Lombard-street, both iu the city of London^ trust*- 'William Masters, formerly of •Bond-str-cet, imtl Iste of Dover- nvaker. stri-ct, Saint Geortje's-fielas, Sbitthwsurh, «hoe-u«iker. James-Keys, late of No. 7, Red Lion-court, Charter-house- tsamrtel Meek,formerly, and late of Chuvch-stetjtJt, Horseley- lane, in -the county of Middlesex, and of Newgate-market, dow.ii, alid of Webb-Street,, Bcrnwndsey, both iu tlie county London, aud formerly of No. 1, Red Lion-court, Cock- of Surrey., 'cooper. lane, Giltspur-street, London, poulterer. ^heopbilus Jftnstun, formerly oT Clafh-Fair, W«st. Smith field, Anu Longs^aff, late of Prujean-square, Oldibailey, and for- -and of Totteubarn-TOuTt-roatl, both in the Bounty of merly of-the Belle Sauvage*yard, Ludgate-hill, both in the "Middlesex, tailor. city of London, widow. 3eseph Hy&m, formerly rif'tber-ttytrf Bristol, and late of William Drought, late of Red Lion-street, .Olerkenwell, and • A'bergavemry, iuthe county of Mouiuouth, shopkeeper aud formerly of Baltic-street, Old-street, both in the county of jeweller.
    [Show full text]
  • Ludgate Circus, London, EC4 to Let Prominent E Class Shop Close to St Paul’S Cathedral
    RETAIL PROPERTY PARTICUL ARS Ludgate Circus, London, EC4 To Let Prominent E Class Shop close to St Paul’s Cathedral. Ground & Basement 857 SQ FT 7 Ludgate Circus London EC4M 7LF OFFICE PROPERTY PARTICUL ARS OFFICE PROPERTY P Location Description The Ground floor and Basement currently have E1 use. This prominent building occupies the South West quadrant of Ludgate Circus on the intersections of Farringdon and New Bridge Street (the A201, leading to Net internal areas: Blackfriars Bridge) with Fleet Street/Ludgate Hill, historically the main connection Ground floor 310 sq. ft between the City of London and Westminster. Having St Paul’s Cathedral in site Basement 547 sq. ft complements this building with high pedestrian flow. Total 857 sq. ft The property has excellent transport links with City Thameslink Station one minute away, and Blackfriars (Circle & District Lines) and St Paul’s (Central Line) Use a short walk away. E class (formerly A1 retail). VIEW MAP https://tinyurl.com/yaob892w Terms Lease: A new Full Repairing and Insuring Lease for a Term of 6 years and 11 months to be contracted outside of the Landlord & Tenant Act 1954, part II (as amended). Rent: Offers invited in region of £66,500 per year. Service Charge: (including 12.5% management fees) estimated at £902 per year. Insurance: estimated at £1,553 for period 24/06/2020 - 23/06/2021. Please note that a Rent Collection fee of 5% is applied to this particular property. Business Rates Interested parties are advised to make their own enquiries with the Local Authority. Professional Costs Each party to pay their own legal costs in this transaction.
    [Show full text]
  • Prisons and Punishments in Late Medieval London
    Prisons and Punishments in Late Medieval London Christine Winter Thesis submitted for the Degree of Doctor of Philosophy in the University of London Royal Holloway, University of London, 2012 2 Declaration I, Christine Winter, hereby declare that this thesis and the work presented in it is entirely my own. Where I have consulted the work of others, this is always clearly stated. Signed: Date: 3 Abstract In the history of crime and punishment the prisons of medieval London have generally been overlooked. This may have been because none of the prison records have survived for this period, yet there is enough information in civic and royal documents, and through archaeological evidence, to allow a reassessment of London’s prisons in the later middle ages. This thesis begins with an analysis of the purpose of imprisonment, which was not merely custodial and was undoubtedly punitive in the medieval period. Having established that incarceration was employed for a variety of purposes the physicality of prison buildings and the conditions in which prisoners were kept are considered. This research suggests that the periodic complaints that London’s medieval prisons, particularly Newgate, were ‘foul’ with ‘noxious air’ were the result of external, rather than internal, factors. Using both civic and royal sources the management of prisons and the abuses inflicted by some keepers have been analysed. This has revealed that there were very few differences in the way civic and royal prisons were administered; however, there were distinct advantages to being either the keeper or a prisoner of the Fleet prison. Because incarceration was not the only penalty available in the enforcement of law and order, this thesis also considers the offences that constituted a misdemeanour and the various punishments employed by the authorities.
    [Show full text]
  • 1 Giltspur Street
    1 GILTSPUR STREET LONDON EC1 1 GILTSPUR STREET 1 GILTSPUR STREET INVESTMENT HIGHLIGHTS • Occupies a prominent corner position in the heart of Midtown, where the City of London and West End markets converge. • Situated on the west side of Giltspur Street at its junction with West Smithfield and Hosier Lane to the north and Cock Lane to the south. • In close proximity to Smithfield Market and Farringdon Station to the north. • Excellent transport connectivity being only 200m from Farringdon Station which, upon delivery of the Elizabeth Line in autumn 2019, will be the only station in Central London to provide direct access to London Underground, the Elizabeth Line, Thameslink and National Rail services. • 23,805 sq. ft. (2,211.4 sq. m.) of refurbished Grade A office and ancillary accommodation arranged over lower ground, ground and four upper floors. • Held long leasehold from The Mayor and Commonalty of the City of London for a term of 150 years from 24 June 1991 expiring 23 June 2141 (approximately 123 years unexpired) at a head rent equating to 7.50% of rack rental value. • Vacant possession will be provided no later than 31st August 2019. Should completion of the transaction occur prior to this date the vendor will remain in occupation on terms to be agreed. We are instructed to seek offers in excess of£17 million (Seventeen Million Pounds), subject to contract and exclusive of VAT, for the long leasehold interest, reflecting a low capital value of £714 per sq. ft. 2 3 LOCATION & SITUATION 1 Giltspur Street is located in a core Central London location in the heart of Midtown where the City of London and West End markets converge.
    [Show full text]
  • Ludgate Circus – Objections to the Experimental Banned Left Turn from Ludgate Hill Into New Bridge Street
    Committee(s) Dated: Streets & Walkways Sub 1 December 2020 Subject: Public Ludgate Circus – Objections to the Experimental Banned Left Turn from Ludgate Hill into New Bridge Street Which outcomes in the City Corporation’s Corporate 1c, 9d Plan does this proposal aim to impact directly? Does this proposal require extra revenue and/or N capital spending? If so, how much? £ N/A What is the source of Funding? N/A Has this Funding Source been agreed with the N/A Chamberlain’s Department? Report of: For Decision Director of the Built Environment Report author: Gerry Lightfoot Summary Pedestrians wishing to cross New Bridge Street at the Ludgate Circus junction have a long wait for the ‘green man’ phase. This has led to safety concerns concerning crowding on the footway and may have increased the number of pedestrians crossing informally or during the ‘red man’ phase. In May 2019, Transport for London (TfL) made a presentation to the Planning & Transportation Committee on their scheme to address the safety concerns. Following detailed design by TfL, the City Corporation introduced an Experimental Traffic Order (ETO) that introduced a ‘no left turn’ restriction on all traffic turning left from Ludgate Hill into New Bridge Street in December 2019. The purpose of the restriction was to allow TfL to amend the traffic signals so that more time for pedestrians crossing New Bridge Street could be introduced. Since the scheme has been implemented in December 2019, there have been no collisions or incidents reported involving pedestrians or other road users as a result of this change.
    [Show full text]
  • Excavations at 42–6 Ludgate Hill and 1–6 Old Bailey, London EC4 Peter Rowsome, with Contributions from Lyn Blackmore (Pottery) and Chiz Harward (Graphics)
    EXCAVATIONOLD BAILEY (SOUTH) REPORT Fig. 1: site location showing extent of development, location of excavation areas, selected sections and major features mentioned in the text, including the city wall, possible gate and bastion, defensive ditches and hurdle fence Roman and medieval defences north of Ludgate: excavations at 42–6 Ludgate Hill and 1–6 Old Bailey, London EC4 Peter Rowsome, with contributions from Lyn Blackmore (pottery) and Chiz Harward (graphics) Introduction Redevelopment involved demolition included three east-west aligned The excavations at 42–6 Ludgate Hill of several Victorian buildings east of trenches (areas A1, B and C1/C2) across and 1–6 Old Bailey, London EC4, were Old Bailey and north of Ludgate Hill. the projected line of the defensive carried out by the Department of Urban Antiquarian work and excavations in ditch, as well as smaller trenches, test- Archaeology (DUA) between April and 1974 (site code LH74) had shown that pits and underpinning holes (areas December 1982 under the site code the City’s defensive ditch survived C3/C4, D, E and F). Excavation in the LUD82. The site lies at National Grid beneath Victorian basements.1 The eastern and south-eastern parts of 6 Old Reference 531770 181200 (Fig. 1). 1982 archaeological investigations Bailey (areas A2 and A3) sought SUMMER 2014 London Archaeologist 3 OLD BAILEY (SOUTH) evidence of the Roman city wall and Archaeological and historical Alterations to the back of the London medieval Bastion 21,2 but both background Coffee House at 42 Ludgate Hill in structures had been truncated by The site is located 120m east of the 1792 revealed a ‘barbican tower’ and in Victorian basements.
    [Show full text]
  • 138 Cheapside Presentation Full Pack.Pdf
    PROMINENT TRANSPORT VIBRANT ADDRESS HUBS LIFESTYLE THE DESIGN- L E D DYNAMIC NEIGHBOURS INTERIORS SPACE PROMINENT ADDRESS HOME LOCAT ION CONNECTIVITY RETAIL LOCAL OCCUPIERS BUILDING SPECIFICATION SMITHFIELD 2 M I N 1 M I N 4 S FARRINGDON EAST WA M W L I N 5 MINS WALK K MOORGATE A S FINSBURY L W CIRCUS K LONDON WALL A L K LONDON WALL WOOD STREET FARRINGDON STREET LK WA K S L I N A M W 2 S N I KING EDWARD STREET M 4 ST. PAUL’S NEWGATE STREET PATERNOSTER SQUARE THE NED 5 M I ONE NEW CHEAPSIDE M I NS W N 3 AL S CHANGE K W A L LUDGATE HILL BANK K S T PAU L’ S CATHEDRAL BOW LANE CARTERCARTER LANE LANE QUEEN VICTORIA STREET MANSION HOUSE CANNON STREET BLOOMBERG ARCADE One Three Eight sits on the northern side of Cheapside opposite the contrasting landmarks of the historic St Paul’s Cathedral and the contemporary One New Change with its highly successful office, retail and restaurant mix. HOME LOCAT ION CONNECTIVITY RETAIL LOCAL OCCUPIERS BUILDING SPECIFICATION TRANSPORT HUBS HOME LOCAT ION CONNECTIVITY RETAIL LOCAL OCCUPIERS BUILDING SPECIFICATION TRAVEL TIME IN MINUTES TO THE MAIN TRANSPORT HUBS 2 8 8 10 31 ELIZABETH LINE FROM FARRINGDON EAST 5 MINS LIVERPOOL STREET PADDINGTON CANARY WHARF STRATFORD HEATHROW AIRPORT 2 10 16 17 50 UNDERGROUND FROM ST. PAUL’S 1 MIN BANK LONDON BRIDGE VICTORIA KING’S CROSS GATWICK AIRPORT VIA VICTORIA HOME LOCAT ION CONNECTIVITY RETAIL LOCAL OCCUPIERS BUILDING SPECIFICATION VIBRANT LIFESTYLE HOME LOCAT ION CONNECTIVITY RETAIL LOCAL OCCUPIERS BUILDING SPECIFICATION MAINSTREAM RETAIL Cheapside is the main retail hub in The City.
    [Show full text]
  • A HISTORY of LONDON in 100 PLACES
    A HISTORY of LONDON in 100 PLACES DAVID LONG ONEWORLD A Oneworld Book First published in North America, Great Britain & Austalia by Oneworld Publications 2014 Copyright © David Long 2014 The moral right of David Long to be identified as the Author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988 All rights reserved Copyright under Berne Convention A CIP record for this title is available from the British Library ISBN 978-1-78074-413-1 ISBN 978-1-78074-414-8 (eBook) Text designed and typeset by Tetragon Publishing Printed and bound by CPI Mackays, Croydon, UK Oneworld Publications 10 Bloomsbury Street London WC1B 3SR England CONTENTS Introduction xiii Chapter 1: Roman Londinium 1 1. London Wall City of London, EC3 2 2. First-century Wharf City of London, EC3 5 3. Roman Barge City of London, EC4 7 4. Temple of Mithras City of London, EC4 9 5. Amphitheatre City of London, EC2 11 6. Mosaic Pavement City of London, EC3 13 7. London’s Last Roman Citizen 14 Trafalgar Square, WC2 Chapter 2: Saxon Lundenwic 17 8. Saxon Arch City of London, EC3 18 9. Fish Trap Lambeth, SW8 20 10. Grim’s Dyke Harrow Weald, HA3 22 11. Burial Mounds Greenwich Park, SE10 23 12. Crucifixion Scene Stepney, E1 25 13. ‘Grave of a Princess’ Covent Garden, WC2 26 14. Queenhithe City of London, EC3 28 Chapter 3: Norman London 31 15. The White Tower Tower of London, EC3 32 16. Thomas à Becket’s Birthplace City of London, EC2 36 17.
    [Show full text]
  • Wayman Wills
    WAY MAN WI L L S AN D ADMINISTRATIONS P E OGAT O RT OF ANTE B Y R R IV E C U C R U R , — 1 3 8 3 1 8 21 . M . A. F . S . J. HARV E Y BLO OM , , G I E AU THOR O F THE G R FFIN S o r DIN GL Y , “ ” DI S or THE FAM II Y O F B OU RN E TC . E TC . PE GREE E , , ] P INTED FOR P IVATE DI T I TI N R R S R BU O . LONDON . 1 922. CONTE NTS . 1 ntroduction 1 Wills Adm inistration s Glossary In dex I R D T NT O U C ION. THE of m essence a will is said to be threefold, na ely The testam ent (1 ) can be set aside or revoked ; (2) It can affect property not i n possession of the testator e at the date of execution, but acquir d before death ; (3) It can m ake a representative to act for the testator t when he is dead . In the twelf h century a m an could not give away his freehold land by will ; it 1 540 was not so allowed until . Even then the lawyers held that it could only affect land that was in the ’ t s m tes ator s pos ession when his will was ade, and this rem ained good law until 1 837 ; but in any case th It h ad n o l e will was revocable .
    [Show full text]
  • The Salters' Company Timeline
    THE SALTERS’ COMPANY TIMELINE 1216 The oldest document in the Salters’ Company archives (pictured right), a title deed written in Latin and on vellum, refers to land in Bread Street on which the earliest Salters’ Hall was later located. Title deed, 1216 © the Salters’ Company 1394 King Richard II confirmed the Salters’ trading activities with their first official License. The origins of the Salters as an organisation are unclear, but they are known to have been in existence as a religious fraternity at the City church of All Hallows, Bread Street, well before 1394. Some members of this fraternity were salt merchants and their trade was centred in and around Bread Street. Portrait of Richard II at Westminster Abbey, mid-1390s 1455 The Salters’ first Hall and almshouses for poor Salters were bequeathed by wealthy Salter, Alderman and Sheriff Thomas Beamond. Both were situated in Bread Street, the centre of the City’s salt trade. The Hall provided a headquarters for the Salters to meet. Further almshouses in Monkwell (formerly Mugwell) Street were bequeathed by Salter and Lord Mayor Sir Ambrose Nicholas in 1578. The Church of All Hallows on Bread Street (image dated 1839) 1515 The Court of the Aldermen settled on an order of precedence for the City Livery Companies. The Salters were ranked ninth among the ‘Great Twelve’ Companies (a position they hold to this day), having steadily accumulated considerable wealth through members’ bequests of money and property. The River Thames with St Paul’s Cathedral on Lord Mayor’s Day, c. 1746-47. No known copyright 1530 The Salters were awarded their Grant of Arms (pictured right) by King Henry VIII.
    [Show full text]
  • Prisoners in .LUDGATE, in the City of London. First Notice. Second Notice. Prisoners in the Compter in GILTSPUR
    [ 742 ] Anthony Haiti-sy. ->late of the Parilh of Halifax, in the Thomas Stockton Hatfield, of Red-Cioss Square, Ciippt-i- Townlbip of Warlsj**, in the Comity of York, Taylor. g?.te, in the Parisli aforesaid, late of Aylefoury-Street, hi James Horsefall, late of the Parilh of Halifax, in the Town­ the Parish of St. James, Clerkenwei'L, Tobacconist. ship of Longfield, in the County of York, Fustian-Maker, Henry Chapman, of thc Rainbow, Cannon-Street, Saint Jonas Nicholason, late of Halifax, in the Pariih of Halifax.. Georges in the East, and late of the George, George-Yard, in the County of York, Book-Binder, Bookseller, and in the Parilh of Saint Sepulchre, Ward of Farringdoa Stationer. Without, Victualler. Joseph Nciiulason/late of Halifax, in the Parish of Halifax, in the County of York, Book-Binder, Bookseller, aud Prisoners in the Compter in GILTSPUR- Stationer. Rohert Powell, late of Halifax, in the Parisli of Halifax, in STREET, in thc City of London. the County of York, Balkct-Makor and Ghs, Dealer. William Sadler, late of the Parisli of Dewsbury, in the Town­ First Notice. ship oF Dewsbury, in the County of Yoik, Cooper. Henry Hey worth, late of Leeds, in the County of York, John'Waddington, late of the Parilh o'i Halifax, in tlie Merchant. Townlhip os Midgley, in the County of York, Stuff- Jane Kill, late of No. I, Cunier's-Row, and formerly of Maker. No. 3, Ave-Maria-Lanc. Joseph Wilson, late of the Parish of Dewsbury, in the.Town- Ann Ramsay, late of No.
    [Show full text]