27 Downham Road - Second Floor

27 Downham Road Second Floor

Status: Available

Size: 4,075 sq. ft (approx. N.I.A.)

Address: 27 Downham Road, London, N1 5AA

Rent: 132,438 per annum exclusive

Business Rates: £10.43 per sqft based on 2019 valuation

Service Charge: £15281 per annum

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Accommodation

Second Floor - 4,075 sq. ft. (approx. N.I.A.)

Location

The modern building is located on Downham Road, close to the junction with Kingsland Road and withing easy distance of the amenities of Dalston Town Centre and the Regents Canal. Bounded by Hoxton and Shoreditch to the south, Dalston to the north, close to Regents canal with London Fields and the vibrant Broadway Market to the east and Islington to the West, Haggerston has undergone extensive redevelopment in recent years to become a vibrant mixed use area popular with tech and creative occupiers. The building is located a couple of minutes from Haggerston Overground Station and there are multiple bus routes on Kingsland Road.

Description

The second floor space benefits from great ceiling height and good natural light, as well as full air conditioning and ventilation. The office can be delivered in CAT A condition with fully accessible raised floors ready for Tenants fit out and floor finishes. Alternatively it maybe possible for some of the existing furniture and fit out to remain subject to negotiation with the outgoing tenant. The offices are accessed via a well presented entrance lobby and a passenger lift and stairs serve all floors. There is secure bike parking off the ground floor lobby and on each floor there are shared toilets and shower.

Terms

A new effective full repairing and insuring lease direct from the Freeholder outside the protective provisions of the Landlord and Tenant Act for a term to be agreed.

Initial Rent

£132,438 (+VAT) per annum exclusive.

Business Rates

The Rateable Value of the premises listed on the Valuation Office Agency website is £83,000. We estimate that the annual rates payable 1st April 2021 to 31st March 2022 will be £42,496. Interested parties are requested to seek confirmation from the London Borough of Hackney.

Service Charge

The annual contribution to service charge is currently running at £15,281 (+VAT).

Building Insurance

The annual contribution to buildings insurance is currently running at £985 (+VAT).

Additional Details

The space can be seen prior to the current occupation on the virtual tour - labelled as level 3.

Floor Plans

Click here for the floor plans.
 

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.