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RIB Sell Farringdon Property on Behalf of Private Client
We are delighted to announce the sale of a long leasehold Farringdon Property located at 6 Little Britain, EC1.
About the property
We are delighted to announce the sale of a long leasehold Farringdon Property located at 6 Little Britain, EC1.
The subject property is located on the corner of Little Britain and King Edward Street. There are a number of occupiers in the local area including Bank of America, Merrill Lynch, AXA Investment Management UK, and the Javelin Group. This Farringdon property benefits from excellent transport links with St Pauls, Barbican, and Farringdon Stations all within easy walking distance. In addition, the Elizabeth Line development will make Farringdon a major hub station – one of the busiest in London.
This Farringdon property comprises a ground and lower ground floor A3/wine bar. It has a gross internal area of 5,842 square feet and net internal area of 3,153 square feet. The property is held on a long leasehold for a term of 150 years from December 1991 at a peppercorn ground rent with approximately 127 years left unexpired at the time of sale.
Speaking to Board Director Damien Field, he stated: “We were happy to have completed the sale of this highly sought after Farringdon retail property on behalf of our private client. Located in a prominent corner unit in an area which has undergone significant change in recent years. We are certain that Farringdon will continue to change in the coming years with the arrival of Crossrail and we look forward to seeing what comes next.”
Investment
Team
To discuss the sale of your property both in London and elsewhere in the UK, do not hesitate to contact a member of our Investment Team: