Office for sale

57 Farringdon Road, London EC1M

Freehold period building spanning six floors with a gia of
6,880sqft (640sqm).

Located in the heart of Farringdon with character features and a
flank wall boasting windows at every level providing excellent
natural light throughout the building.

Opposite Farringdon Station transport hub with excellent
connectivity to the City, West End, Midtown Clerkenwell and
Shoreditch.

Potential to convert the four upper floors to residential subject to
planning permission.

Potential to add an additional floor, commercial or residential.

Retail unit let to the strong covenant of jp McDougall & Co.
Limited trading as Dulux Decorator Centre. The company is a
wholly owned subsidiary of Dulux Limited (formerly til Limited)
ultimate parent company, the Dutch multinational, Akzo Nobel N.V.

The retail passing rent of £52,500 pax is considered highly
reversionary with an erv in the region of £100,000 pax. The lease
expires in November 2028 with a tenant only break in November
2023, contracted inside the Landlord and Tenant Act.

The retail unit has a basement floor to ceiling height of almost
3.5m and a total area of 2,486sqft, and would suit conversion to a
restaurant, bar, café or retail showroom.