Summary - BASEMENT AND GROUND FLOOR, 2, PHIPP STREET EC2A 4BP
1 bed 1 bath Office
Spacious fitted workspace with long lease and excellent transport links for investors.
- Self-contained ground and lower ground spaces, c. 8,299 sq ft total
- Prominent Phipp Street frontage with multiple entrances and good daylight
- Fitted with AC, air handling, fibre, 3 kitchenettes, 7 WCs and shower
- 8-person passenger lift, shared cycle storage, security shutters and alarms
- Small decked terrace (c. 300 sq ft); no private garden, city views only
- Offered long leasehold (c. 983 years unexpired); EPC rating C
- Quoted rates £13.93/sq ft and service charge c. £5.10/sq ft
- Area records very high crime; may increase security/insurance costs
A substantial, self-contained commercial unit occupying ground and lower-ground floors of a modern mixed-use building in the heart of Shoreditch. The fitted workspace extends to about 8,299 sq ft with extensive frontage onto Phipp Street, a small decked terrace and good natural daylight from repeated large windows. Fitted services include air conditioning and handling, multiple kitchenettes, WCs, shower facilities, an eight-person passenger lift and fibre connectivity — ready for immediate occupation or leasing.
This lot suits investors or owner-occupiers seeking a large London workspace with strong transport links: Liverpool Street, Moorgate and Shoreditch High Street stations are all within a short walk. The long lease (c. 983 years unexpired) gives tenure certainty. Practical features such as security shutters, alarms and communal cycle storage add operational convenience for tenants.
Considerations are straightforward: the property is offered as a leasehold with quoted business rates and an annual service charge to budget for; the area records very high crime levels, which may affect insurance and security costs. The building has an EPC rating of C and there is no private garden — city views only. Overall, this is a large, well-equipped Shoreditch workspace with immediate rental or occupation potential, best suited to investors or businesses wanting a prominent, city-centre presence.
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