Retail and office investment opportunity in Spitafields

This property is marketed by:
Strettons

Key features

• Mixed-use building comprising G&B retail investment with vacant office floors above
• Located in a high footfall position on Bishopsgate close to Liverpool Street station, Brushfield Street & Spitalfields Market
• Retail unit let to an independent Japanese/Scandinavian fusion restaurant, LOH Japandi Kitchen at £57,000 p.a.x
• Self contained upper office floors to be offered with vacant possession
• Strong asset management potential including refurbishment of the office floors or conversion to residential / serviced apartment uses, subject to consents
• 1,543 sq ft

Property Description

228 Bishopsgate is an inter-terraced mixed-use part vacant investment comprising retail premises over the ground and basement floors; and offices arranged over the first, second and third floors accessed via a self contained street entrance.

The ground floor is let to independent Japanese/Scandinavia fusion restaurant, LOH Japandi Kitchen at £57,000p.a.x (subject to vendor top up). The upper floors will be sold with vacant possession providing an interesting opportunity for both owner occupiers seeking their own commercial space with the benefit of an attractive income from the retail element - or investor.

Location

The building is located on Bishopsgate (A10) which is one of the main traffic thoroughfares running north/south through the City of London. 

This is a thriving office and retail location with the premises benefiting from a high pedestrian footfall owing to its central City location and proximity to Liverpool Street station within a 2 minute walk.

Nearby office schemes including Bishopsgate Tower, Liberty Place, Principal Place, Exchange House, The Broadgate Estate, and Devonshire Square accommodate some of the City’s largest and best-known occupiers in the finance and professional services sectors. 

These sit alongside a huge variety of start-up and creative businesses located across the Spitalfields and Shoreditch area. Local retail and F&B occupiers along this stretch of Bishopsgate include Eataly, Black Sheep Coffee, Five Guys, Pret, Tesco Metro, Dirty Martinis and Pizza Express.