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57-59 West Smithfield, London, EC1A 9DS

2,915 Sq Ft / Other

Withdrawn - Last updated: 10 November 2023

Summary

57-59 West Smithfield comprises an attractive, Grade II Listed six storey building providing two commercial units across ground and basement with
residential apartments on the upper floors.

57 West Smithfield is arranged to provide a restaurant unit on ground floor with kitchen and storage at basement level. The restaurant provides approximately 40 covers and benefits from both a side frontage and a rear frontages onto St Bartholomew the Great Courtyard.

59 West Smithfield is currently arranged to provide a bar on the ground floor with ancillary storage at basement level. It also benefits from a side frontage onto Cloth Fair.

The upper floors are separately accessed and comprise 17 residential apartments which have been sold off on long leases.


Key Points

  • Rare opportunity
  • Freehold investment
  • Prominent location
  • Mixed-use building
  • Passing rent £83,907 pa
  • Potential for rental growth
  • Location

    57-59 West Smithfield is located in the heart of Farringdon, on the southern side of Smithfield Market and adjacent to Barts Square.

    The local area is characterised by a diverse mix of architecture, from converted warehouses and period buildings to ground-breaking contemporary
    developments.

    Farringdon is one of the most vibrant districts in London and is home to a diverse mix of global businesses from the tech, fashion, finance and creative sectors. Local occupiers include Amazon, Snap, Goldman Sachs, TikTok, LinkedIn, Adidas and Kurt Geiger.

    Farringdon also boasts one of London’s best food and beverage scenes with notable restaurants including Smiths of Smithfield, St John, Moro and Luca.


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