50 Featherstone Street, Old Street, London, EC1Y 8RT

Description
A newly designed entrance area greets visitors to the building which also incorporates an informal break out and meeting space for the tenants in this building.

The ground and lower ground floors have been refurbished to a CAT A standard and would be ideal for a number of uses.

The space is available for immediate occupation.

Location
The building is situated on the northern side of Featherstone Street, running parallel to Old Street. The property is just a few minutes walk from Old Street roundabout.

The area has been coined Silicon Roundabout and has become internationally recognised as the centre for creative, tech and media companies. Local amenities are excellent with various shops, coffee shops, bars and restaurants in close proximity. The hugely popular street food market on White Cross Street is also nearby.

Transport
Old Street (Northern line and National Rail)
Moorgate (Hammersmith & City, Circle and Metropolitan lines and National Rail)
Liverpool Street (Central, Circle, Elizabeth and Metropolitan lines and National Rail)

Amenities
• Newly designed entrance area with commissionaire
• Communal break out and meeting space
• Secure bicycle storage and showers
• Air conditioning
• Newly cabled with power and data cabling
• New interconnecting feature staircase
• New LED lighting
• Raised access floor
• Kitchenette
• Demised WCs

Approximate Floor Areas
Ground - 1,929 sq. ft. - 179.21 sq. m.
Lower Ground - 2,353 sq. ft. - 218.60 sq. m.
Total - 4,282 sq. ft. - 397.81 sq. m.

Lease
A New flexible lease is available or a term by arrangement.

Rent
£135,000 per annum

£31.50 per sq. ft.

Service Charge
£21,410 per annum

£5 per sq. ft.

Rates
The estimated rates payable for 2023/24 are:

£52,100 per annum

£11.95 per sq. ft.

Interested parties must satisfy themselves and should contact the London Borough of Islington.

Total Occupational Costs
£207,610 per annum

£17,300 per calendar month