LONG LEASEHOLD OPPORTUNITY SUITABLE FOR OWNER OCCUPIERS AND INVESTORS

WC1R 4HE

Long Leasehold office building in the heart of Midtown, on the historic Bedford Row
The property comprises 2,862 sq ft NIA of office accommodation arranged over lower ground, ground and 4 upper floors. The building is multi let to 5 tenants on short term license agreements, producing an income of £148,200 per annum, which equates to £51.78 per sq ft. The property is Grade II listed, having been originally constructed in the 18th century via traditional solid brick construction. The accommodation retains many period features including cornicing, fireplaces, ceiling roses, and light fittings. The property also features single glazed timber framed sash windows, wall mounted radiators and good levels of natural light throughout. The property is situated less than 500 metres from Chancery Lane station, and 1.1 kilometres from Farringdon station, which now benefits from the fully operational Elizabeth Line. Bedford Row has a long heritage as the legal sector hub, being in close proximity to the Royal Courts of Justice, Old Bailey and the Inns of Court. In recent years the surrounding area has also become home to various tech and media occupiers, establishing Midtown as having one of the most diverse occupier bases in Central London.
Floor Area (sq ft) Availability Desk Suitability No
4th Floor 34 Available 0-0
3rd Floor 569 Available 5-8
2nd Floor 590 Available 5-9
1st Floor 612 Available 5-9
Ground 501 Available 4-7
Lower Ground 556 Available 5-8
Total 2,862