119 Charterhouse Street, Farringdon, London, EC1M 6AA
3,518 Sq Ft / Other
For Sale
- £2,300,000.00
Available - Last updated: 26 July 2024
Summary
An exceptionally rare opportunity to acquire a significant Mixed Use Freehold building almost equidistant from both Farringdon & The Barbican.
Number 119 Charterhouse Street is an utterly charming flat-fronted period building that demonstrates both great architectural merit and obvious street presence. The property enjoys a mid-terrace position along the parade which comprises an unusual and varied mix of occupying commercial tenants and residential apartments to upper floors, resulting in a strong sense of local community. Furthermore, this particular road presents itself as an immediate ‘hidden gem’ by way of its close proximity to the ‘hustle and bustle’ of Smithfield and yet its discreet position tucked away as an access route to the private and impeccable Charterhouse Square.
We have inspected the spaces thoroughly, and the building is arranged across five floors which can broadly be described as follows:-
COMMERCIAL SPACE: A Ground / Basement level Commercial Showroom / Office Space currently occupied by a tenant. These areas enjoy the presence of a striking main entrance which leads into a vast and superbly appointed showroom space of great ceiling height and considerable depth, culminating in a semi-open office area to the rear with large skylight above.
An internal staircase leads down to a more secondary Showroom environment which has been extensively re-modelled by the existing tenant to provide a similarly large area for presentations, a washroom, good levels of natural light by virtue of the double height rear space and an all-round sense of class that is a testament to the refurbishment works that have been undertaken.
RESIDENTIAL UPPERS: The upper three floors of the property are accessed via their own private street entrance and comprise a fabulous and sprawling residential triplex apartment. The property has been subjected to a sensitive and high-grade refurbishment programme and now offers a wonderful set of free-flowing spaces across each floor with a grand first floor reception room, large kitchen, three bedrooms and two bathrooms. The absolute gem of this particular apartment is the vast and engaging roof terrace that is accessed directly off the kitchen and measures an impressive 43 feet.
Key Points
Magnificent historic building.Superb commercial tenancy (c.2,000 sq ft.).Vast triplex apartment with roof terrace (1,515 sq ft.).Discreet location close to Charterhouse Square.Rarely available to the open market.Outstanding Capital Value at just £575 p/sq/ft.Location
This specific unbroke Freehold property enjoys a Charterhouse Street address but in many ways boasts a vastly superior location being almost upon the entrance to the revered Charterhouse Square. The property benefits from some quirky numbering as the main road stretches across the front of Smithfield Market and yet these few buildings tuck themselves away somewhat neatly, creating a quiet and stimulating environment that is both good for business and for modern city living.
The property is set in a fabulous location in the heart of the city and boasts close proximity to transport links and amenities as well as historical landmarks such as Smithfield Market, The Barbican and St Pauls Cathedral.
This immediate locale is also occupied by several of the most prominent chains and occupiers including Gails, Pret a Manger and Paul alongside a number of local legends including Brutto, St John and Le Café du Marche. Transport links are unparalleled with every corner of the capital within easy reach via numerous Train, Tube and Bus Routes. Further to this Heathrow is within a 36 minute train journey from Farringdon via the newly completed Elizabeth Line.Terms
Legal Title & Tenure: The Freehold Title are as follows:-
• 119 Charterhouse Street (Title Number: LN81388)
This is being sold on the basis of retention of the occupying tenancies upon completion of legal formalities.
Services: It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any proposed development.
AML: The purchaser will be required to provide the necessary information to satisfy AML requirements.
Viewings: The properties may be inspected internally strictly through prior appointment. Prospective purchasers should be aware that inspections are made entirely at their own risk and no liability is accepted by the vendor or their agent.
EPC: These are available to view upon request.
VAT: To Be Confirmed.
Method of Sale: The Property is For Sale by Private Treaty as ‘one lot’ or as two separate transaction with the following Guide Prices:-
• Sold as one Freehold ‘GUIDE PRICE’: £2,250,000
Further Information: Further information is available via the vendors Sole Selling Agents, Messrs Winkworth Development & Commercial Investment on 020 7355 0285.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£2,300,000.00
| NA |
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