E1 28 Commercial Street, Spitalfields, London

Opportunity to acquire this modern freehold office building in the heart of Spitalfields, completed in 2019 and designed by Platform 5 Architects, 28 Commercial Street is an award-winning office building. The building is configured to provide 11,692 sq ft of high quality space across lower ground, ground and four upper floors accessed via a generous reception.

BREEAM Excellent and EPC A, with photovoltaic panels, VRF air conditioning, and modern occupier amenities.

Annual passing rent of £359,700 per annum

WAULT of 1.24 years to break and 2.70 years to lease expiry

Offers are invited in excess of £5.75m subject to contract and exclusive of VAT for the freehold interest, reflecting a low capital value of £491 per sq ft

28 Commercial Street occupies a prominent position on the eastern side of Commercial Street, close to the junction with Fashion Street and just a short walk from the vibrant Spitalfields Market.

Walking distance from Liverpool Street, Aldgate East and Shoreditch High Street stations, providing access to the Elizabeth line, Underground and Overground networks.

The immediate area forms part of the creative neighbourhoods of Shoreditch and Brick Lane. The building sits within the wider Toynbee Hall complex, with the open space of Mallon Gardens adjacent to the building and the Grade II Listed Toynbee Hall itself.

Commercial Street is a lively, characterful thoroughfare lined with historic warehouses, contemporary developments, independent retailers and acclaimed food and beverage operators. It sits a short walk from Old Spitalfields Market, one of London's best-known cultural and leisure destinations.

Rental Income £359,700 pa