Status: TO LET
Size: 1,682 SQ. FT. (APPROX.)
Address: UNIT 6, THE LUX BUILDING, 2-4 HOXTON SQUARE, LONDON N1 6NU
Rent: £90,000 PAX (+VAT)
Business Rates: £23,702 PA
Service Charge: £6,259.80 PA (+VAT)
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, The Frog, Radio Alice and Happiness Forgets.
The space occupies part of the second floor of this contemporary building and is accessed via a well-presented shared entrance foyer and a passenger lift serves all floors. The office benefits from good natural light with large full width 'Juliette' balcony windows with views over Hoxton Square to the front and large windows to a lightwell at the rear. The space is currently configured as an open-plan office area with two meeting rooms to the front overlooking the square. There is good storage space built-in including a large comms room. One of the meeting rooms and the comms room may be removed to make the open-plan area larger. At the back there are also private toilets, one with a shower (and with an accessible toilet in the common parts on the first floor) and a kitchenette area.
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.
£90,000 per annum exclusive (+VAT).
The Valuation Office Agency website shows that the 2017 Rateable Value of the premises is £47,500. We are verbally informed by the London Borough of Hackney that the Rates Payable 1st April 2020 to 31st March 2021 are estimated at £23,702.50. Interested parties are advised to seek confirmation from the London Borough of Hackney.
Estimated at £6,259.80 (+VAT) for the current year inclusive of Buildings Insurance contribution.
The space will be available for occupation from 27th June 2020.
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.