Commercial commercial

28 Commercial Street

  • Offers in excess of £5,750,000
  • 11,692 sq ft
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Property Description

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.

Viewings

To be arranged via sole agents only

    Key Features

  • Freehold
  • Walking distance from Liverpool Street, Aldgate East and Shoreditch High Street stations, providing access to the Elizabeth line, Underground and Overground networks. oint...
  • 11,692 sq ft ( NIA) arranged over lower ground, ground and four upper floors (Use Class E)
  • 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

Availability

Floor Size (sq ft) Rent (per sq ft) Available Service Charge (per sq ft) Business Rates (per sq ft)
4th 1,892Available
3rd 2,090Available
2nd 2,251Available
1st 2,302Available
g 1,070Available
g Reception356Available
lg 1,730Available

Location

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.

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.

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