The Lux Building - Unit 4

The Lux Building - Unit 4

Status: Under Offer

Size: 2,060 sq. ft

Address: 2-4 Hoxton Square, Shoreditch, London, N1 6NU

Rent: £100,000 per annum (+VAT).

Business Rates: £30,976 per annum.

Service Charge: £7,701.48 per annum inclusive of buildings insurance (+VAT).

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Accommodation

First Floor Unit 4 - 2,060 sq. ft. (approx. N.I.A.)

Location

The building is located on the West side of the vibrant Hoxton Square, thought to be one of the oldest garden squares in London. The square sits just to the north of the Shoreditch Triangle and plays host to a Church, a Primary School as well as creative offices, residential apartments, period houses and of course eateries and bars. Old Street, Liverpool Street and Hoxton Stations are all within easy walking distance.

Description

The space occupies part of the first floor of this contemporary building and is accessed via a well-presented shared entrance foyer and a large passenger lift serves all floors. The office benefits from superb ceiling height having been originally built as gallery space and great natural light with large full height windows to the front overlooking Hoxton Square and to the rear, a board room overlooking Coronet Street, as well as large roof lights in the central area. The space is currently configured as a mostly open-plan office area with a large meeting space to the rear and another mixed meeting / tea-point / break out space to the front. There is also a large storage/comms room with separate cooling. The space has two private toilets (and with an accessible toilet in the common parts on the same floor).

Terms

A New Effective Full Repairing and Insuring Lease, to be contracted outside the security of tenure and compensation provisions of the Landlord and Tenant Act, for a term to be agreed.

Initial Rent

£100,000 per annum exclusive (+VAT).

Business Rates

The Valuation Office Agency website shows that the 2017 Rateable Value of the premises is £60,500 with Rates Payable 1st April 2022 to 31st March 2023 estimated at £30,976. Interested parties are advised to seek confirmation from the London Borough of Hackney.

Service Charge

Estimated at £7,701.48 (+VAT) for the current year inclusive of Buildings Insurance contribution.

Floor Plans

Click here for the floor plans.
 

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.