Unit 4B, Hatch Building

Accommodation

1054 sq. ft

Location

The unit is located on Berkshire Road near the junction with Wallis Road, right in the heart of Hackney Wick; an area which is seen as one of London's most creative districts. The area has experienced major growth with most developments comprising residential apartments on upper floors with ground floors being in a mixture of commercial uses. Surrounding business in the same development include Sainsburys and HTA Architects. Nearby green spaces include Victoria Park a short walk to the West and Queen Elizabeth Olympic Park just over the River Lee Navigation to the East. The property is 1 minutes walk from Hackney Wick Overground Station which has direct links (one stop) into Stratford Mainline Station (Elizabeth, Central, Jubilee, Overground and Great Anglia services). By road the location is well located with easy access to the A12 East Cross Route.

Description

This self-contained unit occupies the Ground Floor of an attractive new build development. The unit benefits from a double fronted shopfront and a generous ceiling height. The unit will be handed over in shell condition with capped off electricity and water supplies. Alternatively the vendor can arrange for a fit out package, as an example for office use to include installation of HVAC and flooring, installation of toilets and kitchen, wiring and lighting and decoration for an additional cost of circa £65,000 +VAT (subject to final / agreed specification).

Terms

Sale of a new 250 year Lease. Initial Ground Rent of £350 per annum rising at 10 years and then every 10 years thereafter indexed to RPI.

Business Rates

New space to be assessed by the Valuation Office Agency.

Service Charge

Estimated at £2,423 (+VAT) per annum inclusive of contribution to buildings insurance.