Ground Floor & Basement

5 Ludgate Circus, London, EC4M 7LF

Ground Floor & Basement, London, Retail To Let - Building Photo.jpg
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Ground Floor & Basement, London, Retail To Let - Building Photo.jpg
Ground Floor & Basement, London, Retail To Let - Internal 1.jpg
Ground Floor & Basement, London, Retail To Let - Internal.jpg
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Property Type Retail
Tenure To Let
Size 2,575 sq ft
Rent £80,000 per annum
Business Rates Interested parties are advised to make their own enquiries with the Local Authority. City of London
Service Charge £2,823 per annum - Estimated Service Charge
Energy Performance Rating Upon enquiry

Prominent retail unit available on Ludgate Circus junction close to St. Paul’s Cathedral

Location

This prominent building occupies the South West quadrant of Ludgate Circus on the intersections of Farringdon and New Bridge Street (the A201, leading to Blackfriars Bridge) with Fleet Street/Ludgate Hill, historically the main connection between the City of London and Westminster. Having St Paul's Cathedral in site complements this attractive unit with high pedestrian flow. The property has excellent transport links with City Thameslink Station one minute away, and Blackfriars (Circle & District Lines) and St Paul’s (Central Line) a short walk away. Nearby retailers include Leon, Pret A Manger, The Punch Tavern pub, Juiced, Vodafone, Vision Express, Boots, Eat and Wagamama and office occupiers including Goldman Sachs, JP Morgan, KPMG and Freshfields as well as a broad range of independent retailers, cafés and restaurants within the Ludgate Circus - Fleet Street area.

Description

The premises are arranged over ground and basement comprising the following approximate dimensions:
- Ground: 1,114 sq. ft
- Basement: 1,278 sq. ft
- Vaults: 183 sq. ft
TOTAL: 2,575 sq. ft

Use
E Class (formerly A1 retail)

Terms
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
Rent on application.

Service Charge: estimated at. £2,823.00 per year.

Insurance: estimated at £5,549 per year.

Business Rates
Interested parties are advised to make their own enquiries with the Local Authority. City of London tel: 020 7332 1318 or 3051 and email: businessrates@cityoflondon.gov.uk

EPC
Available upon application

Professional Costs
Each party to pay their own legal costs in this transaction.

Interested in working with us?

You can either send us your property enquiry now or speak to an advisor who will be able to help you further