Clerkenwell Green, EC1R

INVESTMENT PROPERTY. Office/Retail/Showroom unit for sale in prime Clerkenwell address one minute to Farringdon Station.

This contemporary space benefits from a User Class E, suitable for a variety of users. The unit has been let for 5 years at a passing rent of £39,000 per annum.

LOCATION
The space is located right in Clerkenwell Green, a sought-after square in Clerkenwell, in an area which has been ever popular with interior design firms, architects and more recently tech companies.

DEMISE
The premises occupy the Ground and basement of the building, with direct access from the street.
Accommodation comprises an open plan space on ground floor currently set up as an office, with a toilet at the back. The basement is accessed via an internal staircase and leads to an open plan space previously used as a photographic/filming area.

This lower ground offers another toilet, two kitchenettes (one to serve the ground floor and another to the basement), and additional built-in storage room.

The premises benefit from elegant solid wood floors throughout, air conditioning and heating, as well as two electric shutters, one for each floor, for added security. There is also high-speed internet supply to the unit.

TRANSPORT
The nearest station is Farringdon for the newly opened Elizabeth, Circle, Hammersmith and City, Metropolitan and mainline rail services

DIMENSIONS
The GIA (Gross Internal Areas) are as follow
Ground 46.44 Sq. m. / 499 Sq. ft.
Basement 87.16 Sq. m. / 938 Sq. ft.
Total 133.60 Sq. m. / 1,438 Sq. ft.

CONDITION
The unit is offered fully fitted as an office ready for occupation.

TENURE
999 year lease from 25 December 1995 to 20 December 2994

BUSINESS RATES
Current rateable value for 2023 according to the VOA is £23,500 and rates payable in region of £12,200. We advised interested parties to make their own enquiries with the Local Authority.

EPC
Rating D

VAT
Vat is applicable to the sale price

LOCAL AUTHORITY
London Borough of Islington