Wheler Street, Shoreditch, London, E1

The unit occupies the ground floor of this 4 storey building plus mezzanine.

The unit originally had planning consent for live-work and the property still has a commercial rates assessment and a council tax bill, although the unit has in recent years been used solely as an office.

The unit is mainly open plan, 720 sq.ft. approx, plus shower room, w.c and kitchen, bringing a total of 800 sq.ft. approx. GIA.

Lease 125 years from 25.3.01

Location

Set in a corner position fronting Wheler Street with a longer return frontage onto Calvin Street. The building is visible from Commercial Street. Local operators include Hawksmoor Spitalfields, Urban Outfitters and Watch House. Easy access to A10 with Shoreditch High Street train station (Windrush) line a short distance away.

Business Rates

Rateable value - £11,000 (as taken from Gov.uk)
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
Please refer to the Local Authority for more information on rates
Residential - Council Tax Band B

Legal Costs

Each side to bear their own legal fees

Tenure

Long Leasehold 125 years from 25.3.01
Ground rent £200 pa rising to £1200 pa

EPC

Energy Rating D - Valid until June 2028

Viewing

Via the owners sole agents PSS Commercial.



VAT

Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.