12 16 Westland Place Ground N1 7LP Shoreditch Office External4

12-16 Westland Place, London N1 7LP

Status: TO LET

Size: 5,100 sq. ft. (Approx.)

Address: 12-16 Westland Place, London N1 7LP

Rent: £247,350 PA

Business Rates: £45,563 PA

Service Charge: £10,000 PA

Insurance: £1,879 PA

Additional Information: Available for occupation in May

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Accommodation

Ground Floor - 5,100 Sq. Ft. (Approx.)

Transport

  • Old Street Station
  • Angel Station
  • Outside the Congestion Charge Zone
  • London Buses

Location

The building is located just to the North of City Road on the corner of Westland Place and Ebenezer Street and stretches through to Britannia Walk. The main entrance to the space is opposite Jamie Oliver’s Fifteen restaurant and this busy mixed-use area is otherwise well-served by many eateries, bars, clubs and amenities. The property is located outside the congestion-charge zone and the area is very well-served by numerous bus routes.

Description

The self-contained space occupies the ground floor of this refurbished warehouse building and is currently split into two main linked open-plan areas, both of which have access to the main board room and there are two additional meeting spaces, a small private office and a server room. In addition there are private toilets and a kitchen. Large windows along the south facade offer natural light and there is good security. The space will be redecorated and it is planned to upgrade the lighting. 

  • Self-contained entrance
  • Good natural light
  • Great ceiling height
  • Meeting room
  • Comms room
  • Private toilets
  • Comfort cooling
  • Kitchen
  • Gas central heating

Terms

A new lease, the terms of which are negotiable.

Initial Rent

£247,350 per annum exclusive.

Business Rates

The Valuation Office Agency website lists the current Rateable Value of the premises as £97,500. We are verbally informed by the London Borough of Hackney that Rates Payable for the current year, 1st April 2018 to 31st March 2019 are £45,563.63. Interested parties are advised to seek their own confirmation from the London Borough of Hackney.

Service Charge

Estimated at £10,000 per annum for the current year.

Additional Details

Available for occupation in May 2019.

 

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.