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Key features
- A self-contained freehold office building just off Hoxton Square, Shoreditch N1, within the South Shoreditch Conservation Area.
- 2,365 sq ft NIA (2,713 sq ft GIA) over ground and first floors, fully refurbished in 2022 and delivered to a Cat B fitted and furnished standard. EPC B (46).
- Let in its entirety to Hyphen Archi Ltd on full repairing and insuring terms, expiring 26 October 2033, with a tenant break and rent review on 27 October 2028.
- Passing rent of £155,958 pa, reflecting £65.94 per sq ft. Hyphen provides 100% of total passing rent; there is no vendor top-up.
- Hyphen Archi Ltd (Co. No. 02763353) was incorporated in 1992 and carries a Delphi score of 100 out of 100, “very low risk” (SmartSearch, 29 September 2026).
- Unexpired term of 7.1 years to expiry and 2.1 years to the tenant break. If the break is not exercised, the tenant receives a further 10-month rent-free period.
- Implemented planning permission (2020/1850) for two additional floors, estimated to add 2,342 sq ft GIA.
Description
Single-let freehold office investment in Shoreditch, producing £155,958 pa, with implemented consent for two additional floors.