Status: TO LET - UNDER OFFER
Size: 2,200 Sq. Ft. (Approx.)
Address: Fergusson House, 124-128 City Road, London EC1V 2NJ
Rent: £88,000 PAX
Business Rates: £30,656 PA
Service Charge: £9,000 PA
First Floor - 2,200 Sq. Ft. (Approx. N.I.A.)
Fergusson House is located on the West side of City Road, just to the north of Old Street Station, at the heart of 'Tech City'.
This vibrant area has attracted a great number of IT companies and start-ups and has been dubbed the Silicon Roundabout. The area is very well-served by many shops, eateries, bars, hotels and amenities with some of the best coffee in London being served just metres away at Shoreditch Grind.
The available office occupies the entire first floor of this former warehouse building and is accessed via a newly upgarded shared entrance from City Road and there are stairs and a lift that serve all floors. The space is largely open plan with high ceiling thoughout. There is currently a large glazed meeting room to the front and a smaller sound proof broadcast room (or second meeting room) at the rear along with private toilets / shower and a kitchen area. The unit will be redecorated and the original wooden floor sanded and sealed, ready for the next occupier.
A new effective Full Repairing and Insuring lease is available, the terms of which are negotiable.
£88,000 per annum exclusive.
The Valutaion Office Agency website lists the 2017 Rateable Value of the premises at £64,000 and we are verbally informed by the London Borough of Islington the Rates Payable 1st April 2017 to 31st March 2018 are £30,656. Interested parties are advised to seek confirmation from the London Borough of Islington.
Estimated at £9,000 per annum for the current year.
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.