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73 Rivington Street, London, EC2A 3AY

470 sq. ft. | £50,000 pa| £4,167 pcm

Property Description

Commercial information

  • 470 sq ft (43 sq m)
  • Use class orders: A1 Shops

Key features

  • Great ceiling height
  • Good frontage
  • Comfort cooling / heating
  • Exposed concrete

Full description

Tenure: Leasehold

ACCOMMODATION
Ground Floor Shop - 470 sq. ft. (Approx. G.I.A.)

TRANSPORT
Old Street Station
Shoreditch High Street Station
Liverpool Street Station
Outside the Congestion Charge Zone

LOCATION
The building is located on the north side of Rivington Street, between Curtain Road and Shoreditch High Street in the heart of the 'Shoreditch Triangle' and this eastern stretch of the street is now partially pedestrianised. The premises sit between bars Callooh Callay, Bedroom Bar and Cargo with the Office Group's Black and White Building diagonally opposite and The Ace Hotel being just around the corner. Local retailers include Lee Broom, Kestin Hare, Mr Start, American Apparel, Goodhood, SCP, Religion, Present, House of Hackney, Ally Capellino, Sneakersnstuff and Oliver Spencer.

The vibrant 'Shoreditch Triangle' is a busy mixed-use area occupied by many thriving creative and tech businesses and is well served by hotels, shops, amenities, transport, eateries and bars.

DESCRIPTION
This contemporary building nestles between period buildings and the Rivington Place Arts Centre designed by David Adjaye. The self-contained retail space occupies the ground floor and is being delivered in shell condition with capped-off services and shop-front glazing installed. The Landlord will install comfort cooling / heating and a 3-Phase electrical supply. The shop benefits from great visibility as its facade projects forward from the neighbouring Arts Centre and will provide level access from the street once fitted-out.

Good ceiling height
Capped-off services
Comfort cooling / heating
Exposed concrete

TERMS
To be Let on a new effective Full Repairing and Insuring Lease direct from the Freeholder for a term to be agreed.

INITIAL RENT
50,000 per annum exclusive (+VAT).

BUSINESS RATES
The new retail space will need to be assessed by the Valuation Office Agency.

We estimate that the assessment will give a Rateable Value in the region of 20,000 and so Rates Payable for the current year of circa 10,000. Interested parties should make their own enquiries to the Valuation Office Agency and the London Borough of Hackney.

SERVICE CHARGE
The building is newly constructed and the retail unit will be self-contained from the rest of the building so service charge expected to be minimal.

BUILDING INSURANCE
Estimated at 375 (+VAT) per annum.

ADDITIONAL DETAILS
Declaration of Interest Under Estate Agent Act 1979, Directors of Dominion Limited declare an interest in this property.

More information from this agent

Floorplans

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Floorplan 1

Floorplan 2

Floorplan 2

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