42 Brushfield Street, Spitalfields, London, E1 6AG
595 Sq Ft / Other / Investment
For Sale
- £785,000.00
Available - Last updated: 30 June 2025
Summary
The property is an inter-terraced shop located in a busy, prime retail trading position on the south side of Brushfield Street facing Spitalfields
Market. The building comprises a 3-storey plus mansard level, Grade II Listed Georgian built property, the upper floors of which are configured as a
single maisonette which has been sold off on a 125 year-long leasehold interest at a nominal ground rent. The retail element is configured over ground and basement levels, with a period shop front incorporating the historic Annie Gold signage fronting Brushfield Street. The retail premises is self-contained, with a single stair connecting the two levels, with a good largely open plan ground retail area and basement (which is also currently utilised for retail sales) with small rear store and toilet/back of house area.
Key Points
Located in a prime Spitalfields retail position on Brushfield Street facing Old Spitalfields MarketNearby national occupiers in Brushfield Street include Space NK, Whistles, Aesop, Uniqlo, Anthropologie, On, Pho, Cos as well as a range of independent retailers.A beautiful, Grade II Listed Georgian shop, with accommodation arranged over ground and basement levelsHeld on a 999 year long leasehold interest from 11.07.1990 at a ground rent of £10 per annumTotal retail Gross Internal Area 595 ft2 (55.2 m2 )Let to an established local retailer on a new 10 year lease expiring 07.04.2035 (mutual break 07.04.2030) with rents reserved of £50,000 p.a.xUpper floor maisonette sold off on a sub-long leasehold interest at a ground rent of £100 per annumTotal net rents reserved of £50,090 per annumLocation
The property is located right in the heart of Spitalfields, on the eastern edge of the City of London. This is a highly sought after office, residential and retail location with the Spitalfields Market complex located opposite, and Brick Lane, as well as a variety of boutique shops, and trendy eateries all being close by.
The area is well served by public transport with Liverpool Street Station (Tube, Overground, National Rail), (5-minute walk), Aldgate East Station (8-minute walk), Shoreditch High Street Overground (12-minute walk). The location supports a wide variety of quality independent retail and F&B
businesses. Nearby occupiers on Brushfield Street include Space NK, Aesop, Anthropologie, Uniqlo, Pho, The Gun Spitalfields and many more.
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£785,000.00
| NA |
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