LONG-LET PRIME CORNER RETAIL INVESTMENT
Summary
- Rare opportunity to acquire a new 999-year long leasehold interest in a prime Central London retail investment
- The property comprises ground and lower ground floor commercial accommodation in the heart of Fitzrovia.
- Fully let to Fabrique Ltd, on a brand new 10-year lease, at a passing rent of£65,000 per annum.
- Secured against Fabrique, a recognised international artisan bakery brand operating across London, Stockholm and New York, with an established market position and strong reputation within the premium bakery and café sector. The property occupies a highly prominent corner position at the junction of Goodge Street and Charlotte Place in the heart of Fitzrovia.
- Offers are invited at £1,075,000 (One Million & Seventy Five Pounds) subject to contract for the benefit of a new 999-year long leasehold interest at a peppercorn rent.
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Lower Ground - Fabrique Ltd | 263 | 24.43 | Available |
| Ground - Fabrique Ltd | 355 | 32.98 | Available |
| Total | 618 | 57.41 |
Location
The property occupies a prominent position on Goodge Street in the heart of Fitzrovia, one of Central London’s most vibrant retail and leisure destinations. The area benefits from strong footfall generated by a mix of office workers, residents, students and tourists, with nearby occupiers including a range of independent cafés, restaurants and national operators.
53 Goodge Street is adjacent to Fitzroy Place one of the foremost development schemes in Fitzrovia, housing Estee Lauder's European HQ. The estate comprises 298 homes and 220,000 sqft of office space, providing consistent footfall onto Goodge Street both during the week and on weekends.
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Mainline Stations
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Euston12 mins
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Charing Cross17 mins
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King's Cross19 mins
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St Pancras19 mins
Underground Station
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Goodge Street2 mins
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Tottenham Court Road6 mins
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Oxford Circus6 mins
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Warren Street8 mins
Further Information
Price £1,075,000
Description
The property comprises the ground and lower ground floor commercial accommodation forming part of an attractive corner period building in the heart of Fitzrovia. The accommodation extends to approximately 618 sq ft (57 sq m) arranged over ground and lower ground floors.
The unit benefits from return frontage onto Goodge Street and Charlotte Place together with strong levels of footfall generated by the surrounding office, retail, restaurant and residential occupiers.
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