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Sold
Lot 15 - FREEHOLD COMMERCIAL INVESTMENT - CAFE & OFFICES

126 Aldersgate Street, Barbican, London, EC1A 4JQ

Sold for £709,000
Thu Dec 12 2024
12:00pm
BY ORDER OF I WAIGHT & C KORNBLUTH AS FIXED CHARGE RECEIVERS

Property Description

Comprising a ground floor café and basement with separate front access to self-contained offices on three upper floors. Occupying a prominent position near to the junction with Carthusian Street, moments from Barbican underground station, close to Farringdon station and a short distance from the Barbican Centre.

(Details from valuation report)

Ground Floor: 416 sq ft (38.7 sq m)
Basement: 222 sq ft (20.6 sq m)
First Floor: 258 sq ft (24 sq m)
Second Floor: 281 sq ft (26.1 sq m)
Third Floor: 171 sq ft (15.9 sq m)

The ground floor occupier advises that they are paying a rent of £25,000 p.a. The offices are occupied by a firm of solicitors and they have verbally confirmed that they are paying a rent of £2,080 pcm (£24,960 p.a.). We have not had sight of any leases/tenancies to confirm.

OFFERED SUBJECT TO SUCH OCCUPATION AS IS SUBSISTING AT COMPLETION

E

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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