LEMAN STREET, E1

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This is a rare opportunity to acquire a substantial double Freehold property in a prime ‘City fringe’ location, just 500m from Aldgate East Station. Recently refurbished and highly versatile, the building spans six generous floors (573 sq.m. / 6,171 sq.ft. GIA) and is sold with full vacant possession. Potential to convert into six flats STPP

• Potential for a wide variety of uses falling within current Use Class E or alternative uses (STPP).

• G.I.A. of 573 sq.m. / 6,171 sq.ft. providing versatile, well- configured accommodation that benefits from high levels of natural light and period features.

• Located on the western side of Leman Street with a commanding position and attractive views towards Goodmans’s Fields and The Gherkin.

• Aldgate East is a thriving district that has become one of London’s most vibrant areas and is a favoured destination or companies in multiple sectors.

• Highest possible Public Transport Accessibility Level (6b) and within 400m of Aldgate Station.

• 2025 office ERV tone is currently at £60/p/sf, establishing a reversionary pattern for the building.

• The Freehold is offered for sale with full Vacant Possession.

Numbers 60 – 62 Leman Street is a substantial period-style building with a lift to all six floors, a superior dual aspect and the rare delight of a charming private garden. It arrives to the open market as a superb potential Headquarters close to the City of London.

The Freehold is an impressive example of reproduction Georgian architecture. The property was originally constructed on the site of the Royal Albert Theatre, which was destroyed by fire in 1846 and has enjoyed some notable incarnations to include Leman Street Police Station, a cigar factory and a Working Men’s Home, before a comprehensive redevelopment of the site.

The main entrance to the property leads into a grand entrance lobby with vast ceiling heights, part-panelled walls and a large sweeping central stairway with lift access immediately available to all floors.

Having undergone a programme of updating and refurbishment, each floor is similar in specification with a recently installed dual air conditioning system, partial new carpeting, period-style fireplaces and new washrooms and kitchenettes to several levels.

Specific highlights of the accommodation would include a substantial Boardroom with beautifully appointed fittings at Basement level, an utterly charming Courtyard Garden to the rear and some impressive views towards The City with The Gherkin and other landmarks being immediately visible.

Each floor is similar in specification and proportion with fabulous levels of natural light, varied configurations to include private offices and open-plan areas, and has kitchen space at Ground Floor level and, multiple W/Cs and kitchen spaces at ground floor level. The property is presented in almost complete refurbished condition with a number of further upgrades required to finalise the programme of works.

Local Area

Aldgate East is a lively area made up of many exhibitions, contemporary bars and unique boutiques. Living within Aldgate East means residents are only a few minutes from Aldgate Station. Within the London borough of Tower Hamlets, Aldgate East has a large choice of restaurants and bars not too far away on Brick Lane meaning that there is always a variety of different styles to cater for your requirements. The large increase in young professionals choosing to live within Aldgate East has helped the area grow and thrive.

With the neighbouring area of Shoreditch being close by this also expands on the selection of eateries and shops whilst also offering parks, open spaces and activity centres. Aldgate is home to some of London’s most famous landmarks and modern architecture including the Gherkin. 

Traditional pubs, restaurants and shops and markets provide residents and visitors plenty to choose from. New residents are interested in the popular area as there are a variety of different property types from purpose built flats, converted warehouses, and traditional Georgian houses. 

The upcoming area where developers are choosing to invest in is appealing to professionals who are interested in living in an area with great transport links to the city. With the large choice in both DLR and underground stations, Aldgate East will continue to be attractive to commuters once the Crossrail is complete.

Transport:

Tube: Leman Street is exceptionally well connected, with Aldgate East (District and Hammersmith & City lines) just 500m away and Aldgate (Circle and Metropolitan lines) within close reach. Liverpool Street Station, a major transport hub, provides access to the Central, Elizabeth, Hammersmith & City, Metropolitan, and Circle lines, along with national rail services.

Rail: Liverpool Street Station offers fast connections across London and beyond, including direct services to Stansted Airport and commuter routes to Essex and East Anglia. Fenchurch Street Station, also nearby, provides services to destinations in Essex and along the Thames Estuary.

Bus: The area is well served by numerous bus routes, providing quick access to the City, Canary Wharf, and the West End. Key routes include the 15 (to Trafalgar Square), 135 (to Canary Wharf), and 205 (to Paddington). Night services such as the N15 and N205 ensure round-the-clock connectivity.

The property benefits from an excellent PTAL (Public Transport Accessibility Level in London) Rating of 6B, reflecting its outstanding accessibility to public transport.