Freehold investment with rental income and conversion upside.
Prominent corner unit with strong street frontage
Located on a prominent junction in central London, this freehold commercial unit spans approximately 1,332 sq ft across ground and lower-ground floors. The ground floor benefits from floor-to-ceiling glazing, high ceilings and air conditioning, creating an attractive showroom or modern workspace. Two self-contained floors each include kitchen and WC facilities, plus a shower on site.
The property is currently producing rental income of £46,336 per annum and is offered with a new lease direct from the landlord; vacant possession can be achieved by March 2026. Its Clerkenwell/Shoreditch location places it within walking distance of Old Street, Barbican and Farringdon stations and close to cafés, bars and restaurants, supporting retail or office use and short-term lettability.
Investors should note the area's higher-than-average crime and economic deprivation metrics alongside strong local demand drivers. There is clear potential for alternative uses, including residential conversion, but any change of use would require the necessary planning consents. The building's modern services and exposed ceiling heights reduce immediate fit-out cost, yet buyers should allow for tenant-related timing and any conversion expenses.
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