Status: Office for Sale
Size: 1,321 sq. ft. (Approx.)
Address: 133 Curtain Road, London EC2A 3BX
Price: £1,100,000 FOR VIRTUAL FREEHOLD
Business Rates: £11,305 PA
Service Charge: £1,500 PA
Insurance: £1,200 PA
Lower Ground Floor - 540 sq. ft. (Approx. N.I.A.)
Ground Floor Front - 574 sq. ft. (Approx. N.I.A.)
Ground Floor Rear - 207 sq. ft. (Approx. N.I.A.)
Total - 1,321 sq. ft. (Approx. N.I.A.)
The premises are located on Curtain Road by the junction with Rivington Street, right in the heart of the vibrant 'Shoreditch Triangle'. Neighbouring businesses include SCP, Goodhood, The Diner, Claybrook, The Strongroom and Mood Media.
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.
The office unit occupies the ground and lower ground floors of an architect-led renovated period building. The ground floor is open plan and full of character with exposed brickwork and bright, with shopfront style windows to the front and full height sliding doors to the rear. The space offers adaptable accommodation with the lower ground floor accessible from its own private steps to Curtain Road as well as from the internal private sunken courtyard, providing light and circulation to the ground floor and the additional rear raised ground floor studio.
Sale of a long lease with approximately 984 years unexpired.
Asking price £1,100,000 (NO VAT) for the space subject to two occupational leases to one company - Massive Music London Limited.
The occupational effective FRI Leases are 'outside' the protective provisions of the Landlord & Tenant Act and both expire on 11th July 2021 with the music branding company tenant paying a combined total of £65,500 per annum exclusive.
The Freehold of the whole building may also be available.
The Valuation Office Agency website lists the Rateable Value of the premises at £26,500 with Rates Payable 1st April 2019 to 31st March 2020 estimated at £11,304.63. Interested parties are advised to seek confirmation from the London Borough of Hackney.
Estimated at £1,500 per annum.
Estimated at £1,200 per annum.
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.