Status: TO LET
Size: 765 sq. ft. (Approx.)
Address: Ground Floor, 5 Standard Place, London EC2A 3BE
Rent: £40,000 PAX
Business Rates: £7,236 PA
Insurance: £450 PA EST.
Ground Floor - 765 sq. ft. (Approx.)
Measurement taken from Valuation Office Agency
The location is on Standard Place which is a turning off the eastern end of Rivington Street not far from Curtain Road and Shoreditch High Street right in the heart of the 'Shoreditch Triangle'.
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 open bright self contained unit occupies the ground floor of a restored warehouse. The unit has most recently been used as a fashion showroom. We understand the unit falls into the new E use class meaning office, retail, cafe, leisure and medical uses are permitted. The unit offers the following:
A new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act directly from the Freeholder for a term to be agreed.
£40,000 per annum exclusive.
The Valuation Office Agency website shows that the current Rateable Value of the premises is £14,500 with Rates Payable for the current year estimated at £7,236. Interested parties are advised to seek confirmation from the London Borough of Hackney.
We understand that service charge will be dealt with ad-hoc if external repairs are required.
Current contributions are running at £450 per annum.
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.