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22-23 Widegate Street, Spitalfields, E1 7HP

£3,500,000

£609.76 per sq ft

Business rates & charges may apply

LDG, Commercial, London
SIZE AVAILABLE

5,740 sq ft

533 sq m

SECTOR

Office for sale

Key features

  • Freehold
  • Class E Use
  • Potential For Part Vacant
  • Good Natural Light
  • Large Roof Terrace
  • Air-Conditioning
  • Video Entry System
  • CAT 5 Cabling
  • Two Entrances Into Building
  • Wood Flooring Throughout

Description

Description
An opportunity to acquire an income-producing class-e building that maybe suitable for other uses including residential development / conversion and additional massing on the roof (subject to planning). There is also the possibility of achieving immediate vacant possession on parts of the building. The mid-terrace period property which is in very good order consists of a dental practice over basement and ground floors with a separate entrance to the upper parts of the building which are all office users.

Location
The property is located on the North side of Widegate Street, which runs between Middlesex Street and Sandys Row, minutes from Spitalfields Market and Bishopsgate. The Gerkin and Heron Tower are nearby and local office occupiers include Allen & Overy and Royal Bank of Scotland.

Price
£3,500,000 - subject to contract and tenancies.
(£610 per sq.ft. capital value).

VAT
The building is NOT registered for VAT.

Tenancy
Multi-tenant building receiving a total income of £213,520 from 6 leases with varying tenancy events which shows a gross yield of 6.1%. See tenancy schedule.

Tenure
Freehold

Additional Information
EPC & other reports are available upon request.

Commute
Liverpool Street - 2 mins.
Aldgate - 9 mins.
Shoreditch High Street - 10 mins.
Aldgate East - 11 mins.

Parking
Broadgate - 6 mins.

Foodie Hotspots
- Marugame Udon - Ottolenghi
- Devonshire Terrace - Canto Corvino

Liquid Lunch
- Grapeshots - Kings Stores
- The Cocktail Club - Be At One

A Stretch Away
- Fitness First - Elysium
- Evolve Fitness - F45

Viewings
Bookings for physical and virtual tours are available, so we can walk you through how great this space in.

Brochures

22-23 Widegate Street, Spitalfields, E1 7HP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Liverpool Street Station0.2 miles
  • Aldgate Station0.3 miles
  • Aldgate East Station0.3 miles

About LDG, Commercial, London

53 Great Titchfield Street, London, W1W 7PJ

Property People Serving Fitzrovia's Businesses, Residents & Neighbouring Communities

We believe buying, selling, letting and managing commercial or residential property shouldn't have to be stressful and unpredictable. At LDG, it's our mission to take this out of the equation. Our no-nonsense philosophy is based on values of integrity, honesty, and delivering tangible results. Throughout our 5 decade journey, we've developed an instinctive knack and know-how for matching the right places with the right people. And it all starts with getting to know you.

We're passionate about people, their businesses, and spaces.

We use our match-making skills to ensure that the process of buying, selling, or leasing remains simple.

Whether you have a large portfolio or own one building, are a business seeking to sublet space or a start-up looking for 2 desks; it doesn't matter to us, everyone is important. Regardless of the size of your space and scope of your ambition, you can be sure you'll receive expertise, transparency, and dedication from us at every stage.

Marketing your property

We know our Central London audience; they're sophisticated, tech savvy, and demanding people who strive for the best - just like us! We don't bore them with lengthy descriptions and cliched language. We provide them with what they want: facts and stimulating visuals.

When selling or leasing a property, images are everything. That's why we invest in professional photography to create eye-catching imagery that speaks for itself. We know this doesn't exactly sound ground-breaking, but it really isn't the industry norm. There's an art to getting the visuals right which we've perfected - we want your property to stand out, whether in a brochure, on a property portal, or on the socials.

Listening to you

Rather than talk at you with nauseating sales spiel, or fire off a list of questions - what's your budget, how many desks do you need, when do you want to move - we'd rather listen. Getting to know you on a human level helps us understand what makes you tick. Without knowing what's important to you, how can we work out what properties and neighbourhoods will suit you best?

With our deep-rooted knowledge of our local areas - and the beautiful, individual quirks that make them special - we can match you with a neighbourhood and a sale or rental property in the most effective way.

Making connections

We know that finding the right property, buyer, or tenant is only part of the story and that communication is key to making the rest of the process go as smoothly as possible. In order to manage expectations and marry up timings, we do our best to thoroughly understand each party and their timeframes.

As the saying goes, it's all about who you know. With our extensive database of contacts within and outside of the commercial property industry, we can use our connections to help you get the best outcome.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 231174-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LDG, Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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