Status: TO LET
Size: 2,060 Sq. Ft. (Approx.)
Address: Unit 4, The Lux Building, 2-4 Hoxton Square, London N1 6NU
Rent: £103,000 PAX (+VAT)
Business Rates: £30,492 PA
Service Charge: £8,430.71 PA (+VAT)
First Floor (Unit 4) - 2,060 Sq. Ft. (Approx. N.I.A)
The building is located on the West side of the vibrant Hoxton Square, just to the north of Old Street.
Hoxton Square is thought to be one of the oldest garden squares in London. The square sits just to the north of the Shoreditch Triangle and plays host to a Church, a Primary School as well as creative offices, residential apartments and period houses. Notable are the eateries and bars including; Breakfast Club, Cocette, Zigfrid and Radio Alice.
The space occupies the first floor of this contemporary building overlooking the gardens of Hoxton Square and enjoys superb ceiling height and full height windows from its original use as a gallery space. It is accessed via a well-presented shared entrance foyer and a passenger lift and stair serve all floors. The office is presented newly decorated and benefits from comfort cooling/heating. There is a main open plan space to the front with a generous meeting room with full height windows to the rear. There are also private toilets (with access to a further DDA Compliant W.C. in the common parts). The Landlord will provide a flooring allowance (£25 per sq. m) and capped-off services for new tea-point.
A New Effective Full Repairing and Insuring Lease, to be contracted outside the security of tenure and compensation provisions of the Landlord and Tenant Act, for a term to be agreed.
£103,000 per annum exclusive (+VAT).
The Valuation Office Agency website shows that the Rateable Value of the premises is £60,500. We are verbally informed by the London Borough of Hackney that the Rates Payable 1st April 2019 to 31st March 2020 are £30,492. Interested parties are advised to seek confirmation from the London Borough of Hackney.
Estimated at £8,430.71 (+VAT) for the current year inclusive of buildings insurance contributions.
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.