A1 - Retail To Let
The property is located in the Portsoken ward of the City of London, near to Aldgate and just south of Devonshire Square. The unit forms part of the Middlesex Street Estate, a large mixed-use scheme built in the 1960s for the City of London Corporation.
The unit is well situated on Gravel Lane, which runs adjacent to the main thoroughfare of Middlesex Street, and close to the St Botolph Building, home to a number of major insurance brokers. The stations of Liverpool Street, Aldgate and Aldgate East are within short walking distance. The unit is also situated close to a large Travelodge Hotel at 1 Harrow Place.
The immediate vicinity attracts a diverse mix of local and national retail and leisure occupiers, including Eat, Haz Restaurants, Puregym, Hummingbird Bakery, Cotsworld Outdoor and Honest Burgers.
The premises comprise a basement, ground and first floor lock up shop, which previously operated as a retail unit. A stair core is situated to the rear providing access between floors. The premises are currently trading as an electronics retail & repair shop, and is available from 11th February 2019
A new lease is being offered direct from the landlord. The lease is to be held outside the security of tenure provisions of the Landlord & Tenant Act 1954. The property is available on a 10-year term subject to a mutual rolling break option with 6 months prior written notice from 31/03/2023
The unit benefits from Class A1 use and would suite café or retail occupation. The Lessor would consider alternative uses such as A3, D1 or D2, subject planning and any other necessary consents.