Herbal Hill Gardens, Clerkenwell Road, Farringdon, EC1R 3BT

Summary

Originally constructed in 1994, Herbal Hill Gardens comprises a mixed use building arranged over basement, lower ground, ground and 7 upper floors totaling 76,887 sq ft (7,143 sq m) NIA.

35 car parking spaces are located on the basement and lower ground floors.

The commercial element comprises of 4 units providing retail, office and leisure accommodation, totalling 19,158 sq ft arranged over ground and basement floors.

Key Points

• Virtual Freehold (999 years at a peppercorn rent).
• Premier retail pitch in Farringdon, one of London’s most vibrant and fashionable sub-markets.
• Excellent transport connectivity, situated opposite Farringdon station and 0.5 miles from Chancery Lane.
• Multi-let to a strong tenant lineup.
• Topped up passing rent of £550,587 pa.
• WAULT of 4.87 years to expiries across the let accommodation.
• Potential for a wide range of uses within use class E.

Location

Situated on the corner of Farringdon Road and Clerkenwell Road, the property benefits from thriving local amenities including Michelin-starred restaurants, independent coffee shops and the food stands of Exmouth and Leather Lane markets.

Given the breadth of local amenities and the building’s proximity to Farringdon Crossrail Station, Herbal Hill Gardens is perfectly positioned to take advantage of all that Farringdon has to offer.

Herbal Hill Gardens is situated within a cluster of recently developed, best-in-class Farringdon office buildings which include The Ray, Bloom and Kaleidoscope, all of which have benefitted from strong occupier demand and achieved significant lettings over the last 24 months.