Status: TO LET - UNDER OFFER
Size: 820 SQ. FT. (APPROX.)
Address: Ground Floor, 372 Old Street, London EC1V 9LT
Rent: £50,000 PAX
Business Rates: See note
Service Charge: £3,012 PA
Ground Floor - 820 sq. ft. (Approx.)
The building is situated at the Eastern end of Old Street, between the junctions with Shoreditch High Street and Curtain Road, on the ‘Shoreditch Triangle’. Other nearby retailers include House of Hackney, SCP, Goodhood, Aida, Start, Sneakersnstuff, Cowling & Wilcox, Oliver Spencer, Ally Capellino, Lee Broom, Brokedown Palace, Kent & London as well as those on Redchurch Street / Boxpark and the wider Shoreditch area. There are several hotels nearby including The Courthouse (opposite), Ace, Boundary, Hoxton, Nobu, Citizen M, The Curtain and Shoreditch House.
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 available shop is all on ground floor level of this mixed-use building with four office units above. The shop has level access from Old Street and the retail space gets progressively wider and more open to the rear area, which also benefits from natural light from windows to a courtyard and lightwell and there is good ceiling height throughout.
A New Effective Full Repairing and Insuring Lease outside the protective provisions of the Landlord and Tenant Act for term to term to be agreed.
£50,000 per annum exclusive (+VAT).
The Valuation Office Agency website shows the Rateable Value from April 2017 is £18,500. There are potentially reductions in the Rates Payable resulting from Transitional Relief, Retail Relief and Supporting Small Business schemes. Interested parties are advised to seek confirmation from the London Borough of Hackney.
Estimated at £3,012 per annum (+VAT) for the current year.
The shop will be available from October 2019.
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.