Status: TO LET - UNDER OFFER
Size: 1,400 sq. ft. (Approx.)
Address: UNICORN HOUSE, 221-222 SHOREDITCH HIGH STREET, LONDON E1 6PJ
Rent: £64,000 PAX (+VAT)
Business Rates: £15,089 PA
Service Charge: £10,205 PA (+VAT)
Insurance: £884 PA
First Floor Rear - 1,400 sq. ft. (Approx. N.I.A.)
The property is located on the west side of Shoreditch High Street, just to the south of the junction with Great Eastern Street.
This busy mixed-use area close to 'Silicon Roundabout' nestles between the creative hub of Shoreditch to the north and the City to the south and is occupied by many thriving businesses and is well-served by hotels, shops, eateries, bars and amenities.
The available unit occupies the rear part of the first floor of the building and is accessed via a well-presented common entrance from Shoreditch High Street and a stair and lift serve all floors. The unit can also be accessed via the rear building in Plough Yard. The space is undergoing some refurbishment works to combine the separate spaces and once complete will offer two large open-plan office areas both with reclaimed wooden floorboards, comfort cooling / heating, new LG7 compliant lighting and decorated throughout to add to the existing great ceiling height and good natural light. The rear part has a recently sand-blasted feature exposed brickwork wall. There is also a private WC / Shower as well as access to shared facilities.
A new effective FRI Lease to be contracted 'outside The Act' for a term to be agreed.
£64,000 per annum exclusive (+VAT).
The Valuation Office Agency website currently lists the spaces as two separate units, the front unit with a Rateable Value as £25,750 and the rear unit with a Rateable Value of £18,500. We are verbally informed by the London Borough of Hackney that Rates Payable for 1st April 2017 to 31st March 2018 are estimated at £8,628.57 and £6,460.87 respectively (£15,089.44 combined). Interested parties are advised to seek confirmation from the London Borough of Hackney.
Estimated at £10,205 (+VAT) for the current year.
Buildings and terrorism insurance contribution estimated at £884 for the current year.
The EPC is for one of the two units being combined, both of which are of similar specification.
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.