Status: Offices For Rent / For Sale - Under Offer
Size: 4,140 sq. ft. (Approx.)
Address: 2 Luke Street, London EC2A 4NT
Rent: £200,000 PAX OR
Price: £3,750,000 FOR FREEHOLD
Business Rates: £68,030 PA
Insurance: £1,141 PA
Ground – 686 sq. ft. (Approx. N.I.A.)
First – 940 sq. ft. (Approx. N.I.A.)
Second – 914 sq. ft. (Approx. N.I.A.)
Third – 914 sq. ft. (Approx. N.I.A.)
Fourth – 686 sq. ft. (Approx. N.I.A.)
Total – 4,140 sq. ft. (Approx. N.I.A.)
The building is located on Luke Street near its junction with Curtain Road, just to the south of Great Eastern Street. The position nestles between the South Shoreditch Business District anchored by Amazon's HQ in Principal Place and the vibrant 'Shoreditch Triangle' to the north. The immediate area plays hosts to a large selection of office occupiers as well hotels including; The Hoxton Hotel, The Nobu Hotel, The Curtain Hotel and restaurants including; The Red Rooster, Shoyru, Flat Iron, The Merchants Tavern and The Tramshed.
The self contained building is a converted Victorian Furniture Warehouse which benefits from duel aspect with secondary street access from Gatesborough Street. The building is refurbished throughout with the First, Second and Third Floors offering mainly open plan office accomodation with the Ground Floor currently configured as Reception, Stores and Meeting Room. The Fourth Floor currently is configured as a Kitchen and Board Room both opening out onto attractive Roof Terraces. The building currently is set up for 28 workstations (but could host more) and potentially furniture is available so these offices can offer an effective Plug n Play solution.
By way of a new Full Repairing and Insuring Lease upon terms to be negotiated
Sale of Freehold Interest
£200,000 per annum exclusive (NO VAT). In the case of a Sale the Asking Price is £3,750,000 (NO VAT).
The Valuation Office website lists the property as Offices and Premises with a Rateable Value of £139,000. London Borough of Hackney has confirmed verbally that the Rates Payable for the period 1st April 2017 to 31st March 2018 is £68,029.82.
The tenant will responsible to maintain and repair the building.
The building is currently insured for £1,141.18 per annum.
The building will be available to rent from Febraury 2018.
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.