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