Retail and Residential Investment – Smithfield Market, London EC1
Situation
The premises are situated on the south side of Long Lane close to Smithfield Market. There are excellent local shopping amenities and Barbican Underground Station (Hammersmith City & Circle Lines) together with bus routes, are close to hand.
The new Cross Rail interchange station is to be located opposite the property.
DESCRIPTION & ACCOMMODATION
A mid terrace building arranged over five floors (including basement ) The accommodation briefly comprises:
Three self-contained studio apartments accessed from East Passage, arranged over first, second and third floors. Two units are individually let to Shadowgrade Developments Ltd ( trading as Clarendon Serviced Apartments) for a term of 3 years from August 2011with a mutual break clause after two years. The remaining unit is let to the same tenant upon similar terms save that the lease commences in October 2011.
plus
Commercial ground and basement floor premises – occupied by Wacky Barbers on a FR&I lease for a term of 10years from August 2007 with a rent review next year (August 2012)
Price: £895,000 subject to contract for the benefit of the freehold interest with tenancies and incomes as described.
Legal Costs: Each party to be responsible for their own legal costs incurred.
Viewing: Strictly by appointment through joint sole agents.
HURFORD SALVI CARR MICHAEL BERMAN & CO
DANIEL LACHS - daniel.lachs@h-s-c.co.uk – 020 7566 9444 Residential Investment London
MARTIN H BERG – martin.berg@michaelberman.co.uk
The statements contained in these particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute any part of an offer. None of such statements are to be relied upon as a statement or representation of fact and intending purchasers/tenants must satisfy themselves as to their correctness by inspection or otherwise
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