The Lux Building - Unit 5

The Lux Building - Unit 5

Status: Available

Size: 3230 sq. ft

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

Rent: 145,000 per annum

Business Rates: £47104 per annum

Service Charge: £13125 per annum inclusive of buildings insurance

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Accommodation

3230 sq. ft

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 and period houses. Notable are the eateries and bars including; Breakfast Club, Cocotte, Radio Alice and Happiness Forgets. 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 passenger lift serves all floors. The office benefits from good natural light with large full height windows to the front overlooking Hoxton Square as well as several windows to the sides further back. The space is currently configured as an open-plan office area with four meeting spaces and a large break out / kitchen area. There are also 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

£145,000 per annum exclusive (+VAT).

Business Rates

The Valuation Office Agency website shows that the 2017 Rateable Value of the premises is £92,000 with Rates Payable 1st April 2021 to 31st March 2022 are estimated at £47,104. Interested parties are advised to seek confirmation from the London Borough of Hackney.

Service Charge

Estimated at £13,125 (+VAT) for the current year inclusive of Buildings Insurance contribution.

 

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.