Status: TO SUB-LET
Size: 1,236 SQ. FT. (APPROX.)
Address: UNIT 10, THE LUX BUILDING, 2-4 HOXTON SQUARE, LONDON, N1 6NU
Rent: £55,260 PA (+VAT)
Business Rates: £17,372 PA
Service Charge: £5,133 PA - see notes
Additional Information: SUPERB HOXTON SQUARE OFFICE
Fourth Floor (Unit 10) – 1,236 Sq. Ft. (Approx.)
The building is located on the West side of the vibrant Hoxton Square. This busy mixed-use area is occupied by many thriving businesses and is well-served by many shops, eateries, bars, galleries and amenities.
The space occupies part of the fourth floor of this contemporary building and is accessed via a well-presented shared entrance foyer and a passenger lift serves all floors. The office benefits from good natural light with views over Hoxton Square and windows to the rear and is currently configured as mostly open-plan space with a large meeting room at the rear and two part-partitioned office spaces / informal meeting areas (not fully enclosed) to the front. There is also an open tea-point / break out space and two private toilets (one with a shower). The space is available immediately. The current Broadband is BT Infinity 2 (80mbps down / 20 mbps up) but the last occupier had a leased fibre line which could be switched on again.
A Sub-lease for a term to be agreed, to be contracted outside the protective provisions of the Landlord and Tenant Act.
£55,260 per annum exclusive (+VAT) (@£45 psf)
We are informed that the Business Rates payable for 1st April 2018 to 31st March 2019 are estimated at £17,372.
Building service charge is estimated at £5,133 (+VAT) for the current year.
The space is to be sub-let on a semi-serviced basis with our client managing services including electricity, BT Infinity 2 broadband, heating, cleaning, security alarm maintenance estimated at a further £12,195 for the current year for this office. So overall occupational costs are circa £7,500 per month.
The Statements contained in these Particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute any part of an offer. This Agent and its employees have no authority to make representation or give any warranty in relation to this property. Any intending purchaser/lesser must satisfy themselves by inspection, examination, investigation or otherwise as to the correctness of each of the statements contained in these particulars.