Unit 1 - 1st Floor - Piano Works, 113-117 Farringdon Road, London, EC1R 3BX

Description
Newly refurbished self-contained office space with a new modern fitted kitchenette, 1x fitted meeting room and break out area. Fully furnished with 12x workstations, a 6 person meeting room table and chairs and soft seating.

VIRTUAL FREEHOLD
The property is held on a 999-year lease from 2005, with approximately 980 years remaining.

PRICE
£740,000. VAT is payable upon the sale.

RATES
£18,537.39 per annum (approx.) – Parties should make enquiries with the local authority.

SERVICE CHARGE
£8,436.12 per annum

GROUND RENT
£200 per annum

EPC
An EPC has been commissioned and is rated a B.

POSSESSION
Available Immediately with the benefit of the existing tenancy, whose lease expires in June 2027, paying a rent of £56,086 per annum. The lease has a mutual break option, with Vacant Possession secured on 4 months notice, or by June 2027.

Location
Situated on the corner of Farringdon Road and Ray Street, the building is in the heart of Farringdon and Clerkenwell’s lively social scenes. There is a diverse mix of restaurants, bars, hotels, gyms and amenities.