31-35 Pitfield Street

31-35 Pitfield Street

Status: Available

Size: 2565 sq. ft

Address: 31-35 Pitfield Street, London, N1 6HB

Rent: £65,000 per annum (+VAT)

Business Rates: £35840 per annum

Service Charge: £4750 per annum (+VAT)

Toggle further info

Accommodation

2565 sq. ft

Location

The property is situated on Pitfield Street just to the north of Old Street and on the corner with Charles Square. It is a vibrant area located close to Hoxton Square, Old Street Station and the "Shoreditch Triangle" which is well known for its restaurants, bars, coffee houses, galleries and boutique retailers. It is within close proximity to Old Street Underground Station being 0.3 miles away and Liverpool Street Station is 0.8 miles away. Nearby occupiers include Neds Noodle bar, the Holiday Inn Express and the new Radisson art'otel nearing completion.

Description

The premises occupy the ground floor of a 1950s concrete frame warehouse building with a large circa 50 ft frontage to Pitfield St and with return frontage to Charles Square. The premises benefit from a characterful showroom entrance from Pitfield Street. Suitable with Landlords consent for a variety of uses within Use Class E.

Terms

The space is available on a new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act with term certain of 5 years.

Business Rates

We are informed by the Valuation Office Agency website that the Rateable Value of the premises is £70,000. We estimate that Rates Payable for the year 1st April 2021 to 31st March 2022 to be £35,840. Interested parties are asked to make their own enquiries to the London Borough of Hackney.

Service Charge

The estimated annual service charge is running at £4,750 (+VAT) inclusive of contribution to Buildings Insurance.

 

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.