Ground & basement floors let to a Health Spa until 2031
Two self-contained residential flats above
Within walking distance of Holborn, Tottenham Court Road and Chancery Lane underground stations
250 metres from the London School of Economics
Total Approx. floor area of 89.10 sq. m. (956 sq. ft)
Nearby occupiers include Costa Coffee, McDonalds, Pret A Manger, Nando's, Sainsbury's and Little Waitrose
VAT free investment
Lot 3
Auction 16th July 2026
Rent £63,020 per Annum Exclusive
Status Sold
Price £816,000
Sector Central London, Mixed-Use
Auction Venue Live Streamed Auction
Property Information
Location
Miles
400 metres south east of the British Museum, 500 metres west of the City of London, 0.5 miles north east of Covent Garden
Roads
A40, A4200
Rail
Holborn Underground Station (Central & Piccadilly Line)
Air
London City Airport, London Heathrow
Situation
The property is situated on Little Turnstile in the heart of Midtown, one of Central London's most established mixed-use locations. Holborn Underground Station (Central and Piccadilly lines) is within a short walk, while Tottenham Court Road (Central, Northern and Elizabeth lines) and Chancery Lane (Central line) are also nearby, providing excellent connectivity across London. Covent Garden, the British Museum and the West End are all within easy walking distance. The surrounding area is home to major office occupiers including Google, Amazon, Warner Bros. Discovery and Deloitte whilst other nearby occupiers include Costa Coffee, McDonalds, Pret A Manger, Nando's, Sainsbury's and Little Waitrose.
Tenure
Freehold.
Location
Miles
400 metres south east of the British Museum, 500 metres west of the City of London, 0.5 miles north east of Covent Garden
Roads
A40, A4200
Rail
Holborn Underground Station (Central & Piccadilly Line)
Air
London City Airport, London Heathrow
Situation
The property is situated on Little Turnstile in the heart of Midtown, one of Central London's most established mixed-use locations. Holborn Underground Station (Central and Piccadilly lines) is within a short walk, while Tottenham Court Road (Central, Northern and Elizabeth lines) and Chancery Lane (Central line) are also nearby, providing excellent connectivity across London. Covent Garden, the British Museum and the West End are all within easy walking distance. The surrounding area is home to major office occupiers including Google, Amazon, Warner Bros. Discovery and Deloitte whilst other nearby occupiers include Costa Coffee, McDonalds, Pret A Manger, Nando's, Sainsbury's and Little Waitrose.
Tenure
Freehold.
Description
The property comprises a mixed-use building with commercial accommodation on the basement and ground floors and two self-contained flats on the first, second and third floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a mixed-use building with commercial accommodation on the basement and ground floors and two self-contained flats on the first, second and third floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground Basement
Retail Ancillary
23.50 12.30
(252) (132)
INDIVIDUAL (t/a Health First Spa)
15 years from 24/07/2016
£24,500
25/07/2026
First
Studio flat
15.70
(168)
INDIVIDUAL
Let on Periodic Tenancy
£15,120
Second/Third
1 bed flat
37.60
(404)
INDIVIDUAL
Let on Periodic Tenancy
£23,400
Total
89.10
(956)
£63,020
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
