74 Compton St
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74 Compton St
1,267 SF Retail Building London EC1V 0BN $1,382,920 ($1,091/SF)
Investment Highlights
- Residential aspect included.
- Excellent condition.
- 1,267 Sq. Ft. / 118 Sq. M.
- Class E and residential.
Executive Summary
Rare find Freehold for sale in prime Clerkenwell location, London EC1.
Currently used as a hair and beauty salon, with other possible uses subject to planning.
The area, steeped in history from medieval times, has been voted this year's best neighbourhood in London by the Sunday Times, thanks to its unique blend of historical sites, culture, restaurants and entertainment, as well as for being a global hub for interior design and architecture.
This property, located within a conservation area, offers many period features and extends to approximately 1267 sq. ft over four floors, with excellent interiors and flexible accommodation which allows the top two floors to be used as a business or also for residential quarters.
The sale would be subject to VAT or can also be sold as a Transfer Of Going Concern (TOGC), whereby the tenant would stay for a minimum 6 months.
Accommodation includes a basement currently used for storage and laundry room facilities, a ground floor beauty salon with access to a private patio at the back, and a toilet, first floor with a lovely room providing additional space for the hairdressers which also counts with a kitchenette area, and a top floor which was used for aesthetics treatments and has a shower room and an additional room which could be used as a bedroom.
This offers an unique live/work proposition, and potential for a variety of business arrangements.
Transport links are excellent with Farringdon Underground Station and Rail Station (Elizabeth Line, Metropolitan and Circle Lines) providing also direct links to four London airports.
This superb property is presented chain-free, offering a coveted and sought-after opportunity to buy a historic building.
Currently used as a hair and beauty salon, with other possible uses subject to planning.
The area, steeped in history from medieval times, has been voted this year's best neighbourhood in London by the Sunday Times, thanks to its unique blend of historical sites, culture, restaurants and entertainment, as well as for being a global hub for interior design and architecture.
This property, located within a conservation area, offers many period features and extends to approximately 1267 sq. ft over four floors, with excellent interiors and flexible accommodation which allows the top two floors to be used as a business or also for residential quarters.
The sale would be subject to VAT or can also be sold as a Transfer Of Going Concern (TOGC), whereby the tenant would stay for a minimum 6 months.
Accommodation includes a basement currently used for storage and laundry room facilities, a ground floor beauty salon with access to a private patio at the back, and a toilet, first floor with a lovely room providing additional space for the hairdressers which also counts with a kitchenette area, and a top floor which was used for aesthetics treatments and has a shower room and an additional room which could be used as a bedroom.
This offers an unique live/work proposition, and potential for a variety of business arrangements.
Transport links are excellent with Farringdon Underground Station and Rail Station (Elizabeth Line, Metropolitan and Circle Lines) providing also direct links to four London airports.
This superb property is presented chain-free, offering a coveted and sought-after opportunity to buy a historic building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,267 SF
Building Class
B
Year Built
1906
Price
$1,382,920
Price Per SF
$1,091
Tenancy
Single
Building Height
4 Stories
Building FAR
2.37
Lot Size
0.01 AC
Frontage
12 FT on Compton Street
Amenities
- 24 Hour Access
- Storage Space
- Smoke Detector
- On-Site Security Staff
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Nearby Major Retailers
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74 Compton St
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