TypeRetail Investments

W1T 24 Warren Street, Fitzrovia, London

TenureFor sale

24 Warren Street, Fitzrovia, London, W1T1/6

Specification

Building size
Building size975sqft
Property type
Property typeRetail Investments
Tenure
TenureFor sale

Description

The property comprises a prominently positioned commercial investment with excellent street frontage on one of Fitzrovia's well established pitches. Situated beneath residential upper parts, the unit benefits from Class E planning use and strong visibility within a high footfall location.

The premises are fully let to A Jolly Dime Limited, trading as Urban Baristas, and operated as a café, providing secure income under a 15- year lease, incorporating a tenant-only break option in year five and open market rent reviews every five years.

The property offers well-configured accommodation arranged across ground floor and basement accommodation. The tenant has undertaken a good quality fit out.

Rare opportunity to acquire a long leasehold investment in the heart of Fitzrovia.

Fully let Class E premises to occupier A Jolly Dime Limited, trading as Urban Baristas.

Location

The property occupies a prime position on Warren Street in the heart of Fitzrovia, one of Central London's most sought-after districts.

Warren Street forms a thoroughfare linking Tottenham Court Road, Euston Road and Great Portland Street, benefitting from strong daily footfall. The immediate area is characterised by a diverse range of independent operators and

institutional occupiers.

The property is situated in close proximity to a number of major demand drivers, including University College London (UCL), University College Hospital, the Wellcome Collection, and the wider West End office market, supporting strong

occupational demand.

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