78 Rivington Street

Accommodation

380 sq. ft

Location

The space is located at the eastern end of Rivington Street by its junction with Shoreditch High Street on one edge of the 'Shoreditch Triangle'. This busy location is home to many creative and tech office workers and attracts tourists in local hotels and those following street art tours in the day, as well having great footfall in the evenings as many busy bars and eateries surround this location. Notable immediate neighbouring occupiers include; Pizza Pilgrims, Pret, Fred Perry, Lee Broom, Cowling & Wilcox, Carhaart and Sneakers n Stuff.

Description

This self-contained shop has frontage to Rivington Street, metres from the junction with Shoreditch High Street. The ground floor retail area is open with great ceiling height and additional natural light from a tall window near the rear. There is a stair down to the basement area, currently also open space with a small staff W.C. to the front. There is an electrically operated internal security shutter to the whole frontage.

Terms

A new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act for a term to be agreed of up to 5 years.

Initial Rent

£25,000 per annum exclusive.

Business Rates

The Valuation Office Agency website lists the current Rateable Value of the premises at £7,200. Notional Rates Payable for 1st April 2022 to 31st March 2023 are estimated at £3,500 before any discounts or exemptions are applied. If the incoming Tenant qualifies for Small Business Rates Relief, we understand that there would currently be no Business Rates to pay. Interested parties should make their own enquiries to the London Borough of Hackney.

Service Charge

Estimated at £1,669 per annum for the current year.

Building Insurance

Estimated at £420 per annum for the current year.