23 Lime Street, Fenchurch Street 23 Lime Street, Fenchurch Street, London, EC3M 7HB

This Property is Currently 'Under Offer'
23 Lime Street, Fenchurch Street, London - Picture
Use Class

Use Class

E

Size

Size

6,321 sq ft

Rent pa

Rent pa

POA

Large first floor retail unit with double height ceiling available in busy location between Fenchurch Street and Leadenhall Market. Nearby occupiers include Loake, Coco Di Mama and Nando's.

Accommodation

6,321 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
895
83.1
First Floor
3,627
336
Mezzanine
1,799
167

Financial

Lease Type

Existing Lease

Lease Term

The premises are held on an effectively FR&I lease expiring on 19th April 2027, subject to a tenant only break option with effect 18th October 2026. The lease is contracted out of the Security of Tenure Provisions of the Landlord & Tenant Act 1954 at a current rental of £470,000 p.a. excl. The lease includes a sub-let part let or a term certain to circa August 2025 at a rental of £200,000 pax (ex-Act) meaning the net rental payable is £270,000 pax. Offers are invited on an assignment or underlease basis with terms available upon request.

Rates

Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of City of London Corporation – Tel: 020 7332 1318

Tenure

Leasehold

Rates

Rateable Year:
2020
Rateable Value:
£193,000.00

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Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 29/02/2024