Free Trade House

Free Trade House

Status: Available To Buy

Size: 3733 sq. ft.

Address: 316 Old Street / 9 Chapel Place, Shoreditch, London, EC2A 3DQ

Price: Offers in excess of £2,750,000 (+VAT)

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Accommodation

3733 sq. ft

Location

The building is on Old Street between the junctions with Great Eastern Street and Charlotte Road, with Shoreditch High Street further to the east. Chapel Place is an attractive private courtyard development accessed from Rivington Street and Old Street within the vibrant ‘Shoreditch Triangle’. A security guard is employed during the day to look after the estate and direct visitors. This busy mixed-use area is occupied by many creative and tech businesses and is well served by hotels, shops, amenities, transport, eateries and bars. Transport options include Old Street Station, Liverpool Street Station and Shoreditch High Street Station and the area is very well served by buses and bicycle friendly routes.

Description

9 Chapel Place is a commercial building built circa 1989/90 set over four floors with a common entrance from the shared courtyard with stairs and a passenger lift serving the upper floors. The ground floor has level access and also with a self-contained entrance and frontage to Old Street and is suitable for showroom or gallery use or other alternatives under Class E. The unit is open plan with great ceiling height and has been refurbished with engineered wooden flooring and recently redecorated. The space has access to the shared DDA compliant W.C. on the ground floor. The first floor space is currently open-plan with great ceiling height, engineered wooden floors, two demised W.C.s and offers natural daylight from three elevations. The second floor space is sub-divided into small offices by demountable partitions and has a small tea-point and demised W.C. The third floor enjoys extra volume and light from a high vaulted ceiling, engineered wooden floors and both north and south facing windows. The space is mostly open plan with one meeting area partitioned off to the front of the space and also has a small tea-point and demised W.C. All floors benefit from recently installed comfort cooling / heating.

Business Rates

Ground Floor - Rateable Value of £24,750 - Rates Payable 2022/23 estimated at £12,350 First Floor - Rateable Value of £30,500 - Rates Payable 2022/23 estimated at £15,219 Second Floor - Rateable Value of £30,500 - Rates Payable 2022/23 estimated at £15,219 Third Floor - Rateable Value of £21,500 - Rates Payable 2022/23 estimated at £10,728 Interested parties are advised to make their own enquiries to the London Borough of Hackney.

Building Insurance

Contribution to block buildings insurance estimated at £3,302 for the current year.

 

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.