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Office to rent

Unit 20 Waterside, 44-48 Wharf Road, London, N1

1,223 sq. ft. | £50,000 pa| £4,167 pcm

Property Description

Commercial information

  • 1,223 sq ft (113 sq m)
  • Use class orders: B1 Business

Letting information:

Furnishing: Unfurnished

Key features

  • Great natural light
  • Vaulted ceiling
  • Canalside warehouse conversion
  • Newly refurbished

Full description

Tenure: Leasehold

ACCOMMODATION

Second Floor - 782 sq. ft. (Approx NIA.)

Mezzanine - 441 sq. ft. (Approx NIA.)

Total - 1,223 sq. ft. (Approx NIA.)

TRANSPORT

Old Street Station
Angel Station
Outside the Congestion Charge Zone

LOCATION

Wharf Road is a turning off City Road between The Angel, Islington and Old Street. The immediate surrounding area is predominantly residential with attractive blocks being built along City Road and surrounding the City Road Canal Basin. All the amenities of Angel and Upper Street are approximately 10 minutes walk away with local gastro pubs including The Narrow Boat almost next door.

The Waterside Estate itself comprises of four main blocks with a central communal courtyard at its' heart. Formerly a Victorian Printing Factory which is Grade II Listed, it retains many original external features such as the cobbled stone floor, factory style windows and several original cast iron hoists attached to the outside of the building.

DESCRIPTION

This characterful unit is found on the Second Floor with large Crittall style windows fronting a courtyard space. The space is undergone refurbishment which includes; painted floors, repainted walls throughout and new toilet and kitchen. The estate also includes secure bike storage, an on site commissionaire and loading access.

Great natural light
Good ceiling height
Vaulted ceiling
Kitchen
Private toilets
Goods lift

TERMS

A new effective full repairing and insuring lease outside the protective provisions of the Landlord and Tenant Act for a Term to be agreed.

INITIAL RENT

50,000 per annum exclusive (+VAT).

BUSINESS RATES

The Valuation Office website lists the the property as shop and premises with a Rateable Value of 12,250. Applying the current multiplyer of .484 the Rates payable during the year 1st April 2016 to 31st March 2016 are expected to be 5,929. Interested parties are asked to seek their own confirmation from the London Borough of Hackney.

SERVICE CHARGE

The service charge including contributions to a sinking fund and buildings insurance is currently running at 6,350 +VAT per annum.


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