Unit 11, 5 Durham Yard

Unit 11, 5 Durham Yard

Status: Available

Size: 650 sq. ft

Address: Unit 11, 5 Durham Yard, London, E2 6QF

Rent: 20,000 per annum

Business Rates: £2700 per annum We estimated with Small Business Rates Relief the annual rates payable is £2,700

Service Charge: £3250 per annum Service charge inclusive of electricity and water and contribution to sinking fund

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Accommodation

650 sq. ft

Location

The building is located on the West side of Teesdale Street, just to the North of the junction with Old Bethnal Green Road. This junction has been closed to traffic is now an open public square. This popular mixed-use area is close to Brick Lane, Shoreditch, Columbia Road and London Fields. Bethnal Green Underground Station, Bethnal Green and Cambridge Heath Stations are all within a short walk.

Description

The available first floor unit is part of a sympathetically converted former carpentry workshop / warehouse building and is accessed via the common entrance and stairs from the shared rear courtyard. The space is open plan with good ceiling height and good natural light from windows to both Durham Yard and Teesdale Street. There are shared tea-point and toilet facilities on the same floor. Shared showers are located on the Ground Floor along with ample cycle parking in the courtyard.

Terms

A new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act.

Initial Rent

£20,000 per annum exclusive.

Business Rates

The Rateable Value of the unit is £13,250. Should the tenant qualify for small business rates relief we estimate the annual rates payable will be in the region of £2,700. Interested parties are advised to seek confirmation from the London Borough of Tower Hamlets.

Service Charge

The annual service charge for this unit is running at £3,250 which includes electricity and water and a contribution to a sinking fund.

 

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.