£2,200,000

Office for sale

  1.  58 Farringdon Road Road Frontage
  2.  58 Farringdon Road
  3.  Pear Tree Court
Freehold

Offers over

£2,200,000

(£515.71/sq. ft)

Office for sale

Pear Tree Court, 58 Farringdon Road, Farringdon EC1R

4,266 sq. ft

Local area information

Property location

Nearby amenities

  • Christopher Hatton Primary School 0.2 miles
  • Farringdon 0.2 miles
  • St Alban's Church of England Primary School 0.3 miles
  • Farringdon 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Clerkenwell, Farringdon and Holborn to find out more about the local area.

Features and description

  • Freehold
  • Prime Corner Freehold Office/Showroom accommodation
  • Self Contained with two entrances
  • 4,266 sqft over Lower Ground, Ground and First Floors
  • Raised Floors
  • Attractive Ground Rent invetsment, with ground rents doubling to £10,000 per annum in June 2024
Description

A prime, self contained Freehold in central Farringdon, 250 meters from Farringdon Station.

Corner building fronting Farringdon Road and Pear Tree Court. The commercial element is self contained with two entrances on Farringdon Road, meaning the three floors can be occupied on a floor by floor basis.

The commercial element requires a comprehensive refurbishment and benefits form excellent floor to ceiling heights.

The 18 residential flats are sold off on 999 year leases from 1999 and are accessed via a separate entrance on Pear Tree Court.

The passing ground rent is £5,000 per annum and doubles in June 2024 to £10,000 per annum. In June 2059 it increases to £20,000 per annum and then increases again to £25,000 per annum from June 2084.

We are seeking offers in excess of £2,350,000 reflecting an attractive capital value of £550 per sq ft.

Location

58 Farringdon Road is situated in a prime Farringdon location, 250 metres from Farringdon Station’s Turnmill entrance providing access to the new Elizabeth Line (Crossrail), Thameslink and London Underground network.

Crossrail: Tottenham Court Road (2 mins), Bond Street (4 mins), Paddington (8 mins), Heathrow Airport (31 mins).

Both Leather Lane and Exmouth Street Markets are within a 5 minute walk offering an array of street vendors, bars, cafes and restaurants.

Floor plans and tours

Floor plans (3)

3 floor plans available

View the floor plans to understand the space and layout of this property.

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Compton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Compton for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Central London
  5. Finsbury
  6. Farringdon Road