Status: Under Offer
Size: 1077 sq. ft
Address: 1 Baltic Place, London, N1 5AQ
Business Rates: £8.34 per sqft
1077 sq. ft
The space is located on the West side of Kingsland Road, close to where the road crosses over the Regent Canal. The immediate area is thriving with new business premises and is well served by neighbourhood shops including Tesco Express. Nearby cafes and restaurants include Curio Cabal across Kingsland Road, The Waterhouse Restaurant across the Canal with Towpath Cafe and Waterline Restaurant just a short stroll along the Canal. Bounded by Hoxton and Shoreditch to the south, Dalston to the north, close to the Regents Canal with London Fields and the vibrant Broadway Market to the east and Islington to the West, Haggerston has undergone extensive redevelopment in recent years to become a vibrant mixed use area popular with tech and creative occupiers.
The available Second floor space is entranced via the main Sheldon Building lobby from Kingsland Road. The unit boasts full height glazing to the courtyard façade and a large private balcony. The office space is currently divided with glazed partitioning into two main open-plan spaces.There is a tea-point and a private WC and shower. Broadband line currently 350mb but could be upgraded further.
A new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act for a term to be agreed quoting £30,000 per annum exclusive OR £650,000 for the Long Leasehold interest.
The Valuation Office Agency website lists the current Rateable Value at £18,000. We are verbally informed by the London Borough of Hackney that the Rates Payable 1st April 2019 to 31st March 2020 are £8,073.44. Interested parties are advised to seek their own confirmation from the London Borough of Hackney.
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.