99 St John Street, Clerkenwell, London, EC1M 4AS

Description
This well-located, self-contained showroom has recently been refurbished and is ready for immediate occupation.

The open plan space is well presented and arranged over two interconnected floors that benefit from natural daylight.

The showroom has track & spot lighting, central heating, comfort cooling, a new fitted kitchenette and new W/C & shower facilities.

Location
Situated close to the junction of St. John Street & Clerkenwell Road in the heart of the Clerkenwell showroom district, just five minutes from Farringdon Station.

You are spoilt for choice when it comes to restaurants, bars, coffee shops, hotels and gyms. Waitrose and Tesco are on the doorstep.

Transport
Farringdon Station (Circle, Elizabeth, Hammersmith & City and Metropolitan lines and National Rail)
Barbican Station (Circle, Hammersmith & City and Metropolitan lines)
Various bus routes
Santander Cycles

Highlights
• Excellent showroom pitch
• Fully refurbished & self-contained
• Two open plan floors, with storage
• Track and spot lighting
• Carpeted showroom & porcelain tiled service areas
• Roof lights serving both floors
• Comfort cooling
• Central heating
• New fitted kitchenette
• New W/C & shower

Approximate Floor Areas
Ground - 604 sq. ft. - 56.11 sq. m.
L. Ground - 563 sq. ft. - 52.30 sq. m.
Total - 1,167 sq. ft. - 108.41 sq. m.

Use
A1 Shop falling within Use Class E.

Lease
A new lease is available direct from the freeholder for a term by arrangement.

Rent
£80,000 per annum

£68.55 per sq. ft.

Service Charge & Insurance
£2,472.22 per annum

£2.12 per sq. ft.

Business Rates
The property has a rateable value of £36,750, making business rates payable for 2024/25:

£18,338.25 per annum

£15.71 per sq. ft.

This is currently discounted by 75% under the government’s Retail, Hospitality, Leisure Relief Scheme. Making rates payable until April 2025, £4,584.56 per annum.

Interested parties should satisfy themselves as to the accuracy of these figures through London Borough of Islington.

Total Occupational Costs
££100,810.47 per annum

££8,400.87 per calendar month

VAT
The property is not elected for VAT.