Summary - 42 BRUSHFIELD STREET LONDON E1 6AG
1 bed 1 bath Commercial Property
Characterful income unit opposite the market, ideal for investors.
Prime retail frontage facing Old Spitalfields Market and strong footfall
Grade II Listed Georgian shopfront with historic Annie Gold signage
Self-contained ground and basement retail: 595 ft² (55.2 m²) GIA
Let to established retailer until 07.04.2035 (mutual break 07.04.2030)
Total net rent reserved £50,090 p.a.; low combined ground rent c.£110
Long leasehold retail interest (999 years from 1990); maisonette separately let
Listed status — any alterations require consent; may limit redevelopment
Very high local crime rates — increased security/insurance likely needed
This Grade II Listed Georgian shop sits directly opposite Old Spitalfields Market, a rare central retail pitch with strong footfall and high-profile neighbouring brands. The self-contained retail unit offers ground and basement sales areas with a period shopfront and a retained historic signage detail, providing character that supports premium retail lettings.
The retail accommodation (GIA 595 ft²) is let on a new 10-year lease to a local retailer, expiring 07.04.2035 (mutual break 07.04.2030), producing rents of £50,000 p.a.x. with total net income of £50,090. The retail interest is on a long leasehold (999 years from 11.07.1990) with a nominal ground rent, while the upper maisonette is sold on a sub-long lease; ground rents in total are low at c.£110 per annum.
For an investor this is a compact, city-centre income lot in a highly sought-after Spitalfields location, close to Liverpool Street and Aldgate East stations. The listed status, conservation controls and very small plot mean refurbishment and extension options are limited, and any alterations will require listed-building consent. The area records very high crime statistics, which may influence insurance and security costs.
In short: characterful, well-let retail in an unrivalled market position, offering a straightforward income stream and potential for rental growth, balanced by listed-building constraints and local security considerations.
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