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Corsham Street, London, N1

£1,300,000

£527.60 per sq ft

Business rates & charges may apply

BC Retail, Islington
SIZE AVAILABLE

2,464 sq ft

229 sq m

SECTOR

Office for sale

Key features

  • Located in the popular Tech City neighbourhood
  • Arranged over ground and mezzanine floors, creating open plan design
  • Old Street Station just two minute's walk from the building
  • Open kitchen, showers and CCTV system
  • Wide range of uses including continuing as an office or as a showroom

Description

LOCATION
This property is located in the popular Tech City neighbourhood,
known for its thriving tech and creative industries. Old Street Station
just two minute's walk from the building. The ongoing improvements
to Old Street roundabout will make it a more pedestrian and cycle-
friendly area, with a new public space in a peninsula around the station
- as well as a new station entrance expected by autumn 2023. In
addition, the property is within walking distance of the City of London
business district and Shoreditch, a trendy neighbourhood with great
restaurants and bars. It's also close to several public transportation
options, including Old Street (Northern line and National Rail), Angel
(Northern line), and Liverpool Street (Central, Circle, Elizabeth,
Hammersmith & City and Metropolitan lines, Overground and
National Rail) stations.

DESCRIPTION
The premises form part of a warehouse building and are arranged
over ground and mezzanine floors with an open with an open plan
design with natural light from the front and rear elevations. They are
currently fitted as an office including an open kitchen, showers and
CCTV system. The premises would lend themselves to a wide range
of uses including continuing as an office or as a showroom, retail/shop,
medical or health & fitness accommodation.
The premises are arranged as follows providing the following
approximate NIA floor areas:
Ground floor 1,377 sq ft 127.92 sq m
Mezzanine 1,087 sq ft 100.98 sq m
Total 2,464 sq ft 228.90 sq m

SALE
A share of the freehold is available for £1.3million.

NEW LEASE
Alternatively, a new lease is also available on terms to be agreed.The
lease will be excluded from the security of tenure and compensation
provisions of the Landlord & Tenant Act 1954 Part II.
Rental offers are invited at £33.50 per sq ft

USE
The premises benefit from Class E use. Interested parties are
advised to make their own enquiries to Hackney Borough Council
Borough Planning Department.

OCCUPATIONAL COSTS
The current service charge is approx. £1,860 per annum and
insurance premium approx. £1,437 per annum

RATES
The local rating authority has verbally advised us that the property
is currently assessed as follows:
Rateable Value £43,750
Interested parties should verify the above figures for themselves
with the local authority or by referring to
EPC
An EPC can be made available on request

Brochures

Corsham Street, London, N1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Street Station0.2 miles
  • Hoxton Station0.5 miles
  • Shoreditch High Street Station0.6 miles

About BC Retail, Islington

3rd Floor, 16 Ingestre Place London W1F 0JJ

Notes

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Disclaimer - Property reference 31aCorshamStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BC Retail, Islington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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