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The Lexington 40-56 City Rd
1,047 - 2,500 SF of Retail Space Available in London EC1Y 2AN
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Unit 2 | 1,047 SF | Negotiable | $112.47 CAD/SF/YR $9.37 CAD/SF/MO $1,211 CAD/m²/YR $100.88 CAD/m²/MO $9,813 CAD/MO $117,753 CAD/YR | TBD | ||
| Ground, Ste Unit 3 | 1,453 SF | Negotiable | $93.51 CAD/SF/YR $7.79 CAD/SF/MO $1,007 CAD/m²/YR $83.88 CAD/m²/MO $11,322 CAD/MO $135,868 CAD/YR | TBD |
Ground, Ste Unit 2
The unit is divided over ground floor and basement with a prominent fully glazed frontage. The ground floor comprises 1453 sq ft and the basement measures 538 sq ft which means a total of 1991 sq ft of space. This is an ideal City retail/office/showroom opportunity. The rent is £75,OOO per annum plus VAT, a new lease is available now.
- Use Class: E
- Located in-line with other retail
- Prominent fully glazed frontage
- For use of retail, showroom or office
- Lots of natural light
Ground, Ste Unit 3
The unit is divided over ground floor and basement with a prominent fully glazed frontage. The ground floor comprises 1453 sq ft and the basement measures 538 sq ft which means a total of 1991 sq ft of space. This is an ideal City retail/office/showroom opportunity. The rent is £75,OOO per annum plus VAT, a new lease is available now.
- Use Class: E
- Located in-line with other retail
- Prominent fully glazed frontage
- For use of retail, showroom or office
- Lots of natural light
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 40-56 City Rd , London, LND EC1Y 2AN
| Property Type | Retail | Gross Leasable Area | 10,000 SF |
| Property Subtype | Storefront Retail/Residential | Year Built/Renovated | 1959/1998 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,000 SF |
| Year Built/Renovated | 1959/1998 |
About the Property
The Lexington Building is a modern mixed use development - a mix of residential flats and three commercial units. The unit is located just south of Old Street Station which is undergoing significant redevelopment. A number of new mixed use commercial/residential developments are in close proximity and this section of City Road also benefits from high commuter footfall - the unit is located opposite Pret A Manger and close to a Sainsbury Metro store. This is an ideal opportunity to secure a commercial unit in a developing edge of City location. The unit is located on City Road (A501), just south of Leonard Street and Old Street Station. Shoreditch/Hoxton, Finsbury Square & Moorgate are all within an approximate 5-10 minutes walk.
- Bus Line
- Metro/Subway
- Security System
- Storage Space
Nearby Major Retailers
Presented by
The Lexington | 40-56 City Rd
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