Web20rivingtonstext

20 Rivington Street

Status: Building For Rent

Size: 1,005 sq. ft. (Approx.)

Address: 20 Rivington Street, London EC2A 3DU

Rent: £57,000 PAX

Premium: £20,000

Business Rates: £7,839 PA

Toggle further info

Accommodation

Ground Floor - 310 sq. ft. (Approx. NIA)

First Floor - 350 sq. ft. (Approx. NIA)

Second Floor - 345 sq. ft. (Approx. NIA)

Total - 1,005 sq. ft. (Approx. NIA)

Transport

  • Old Street Station
  • Liverpool Street Station
  • Shoreditch High Street Station
  • Outside the Congestion Charge Zone

Location

The self contained building is located on south side of Rivington Street, between its’ junctions with Great Eastern Street and Garden Walk, at the heart of the Shoreditch Triangle.

The 'Shoreditch Triangle' is a busy mixed-use area occupied by many thriving creative and tech businesses and is well served by hotels, shops, amenities, transport, eateries and bars.

Description

The building offers three floors and is a rare small self-contained building.  The floors are newly refurbished with network cabling throughout.  The first and second floors benefit from from dual aspect and offer a bright airy working environment.  A dedicated fibre optic line into the building offers potential for bandwidth up to 100 MB.  The building benefits from:

  • Good natural light
  • Comfort cooling / heating
  • Kitchen
  • Private toilets
  • Comms room
  • Fibre-optic broadband

Terms

An assignment of an Internally Repairing and Insuring Lease for a term until March 2021.

Our clients seeks a premium of £20,000 for the benefit of their lease.

Initial Rent

£57,000 per annum exclusive with no increases until the end of the term.

Premium

Our clients seeks a premium of £20,000 for the benefit of their lease.

Business Rates

The Valuation Office website sets out that the Ground Floor is currently rated as a shop with an estimated 2017 Rateable Value of £18,750 giving a Rates Payable for the period 1st April 2017 to 31st March 2018 of £6,479.  The First and Second Floor of the Building are currently Band D within Council Tax.  The estimated Band D Council Tax Charge from London Borough of Hackney for the period 1st April 2017 to 31st March 2018 is £1,360.  So the combined expected liability is £7,839.  Interested parties are advised to make their own enquires with The Valuation Office and London Borough of Hackney. 

Service Charge

The tenant is responsible for maintaining the interior of the building so there is no service charge as such.

Floor Plans

Click here for the floor plans.
 

Disclaimer

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.