Office to let in 7 Wenlock Road Unit 4 (Left), Hoxton, London N1, £15,000 pa

15,000.00 per month

Offer Nr.:
63879482
Type of ad:
to Rent
Property type:
Office to let
Contact name:
Dominion
Phone(s):
020 8033 7365

* Leasehold
**Key Points**
* Great natural light
* Air conditioning
* Secure space with alarm and walk - in safe store
* Private kitchenette
**Description**
This bright open plan studio/office occupies a self - contained part of the
third floor of this modern style commercial building. Access to the floor is
via a shared entrance and passenger lift/staircase. The studio/office unit
also benefits from having excellent natural daylight which is provided by
floor to ceiling double glazed windows which front the building and additional
small windows to the rear breakout area with newly installed kitchen units.
The available space is mostly open plan apart from a secure safe store. It
also benefits from an on - site Estate Commissionaire and an attractive shared
garden fronting the canal.
**Location**
This modern building is located within a terrace of similar buildings on the
West side of Wenlock Road, and just north of its junctions with Micawber
Street
and City Road. The premises can be easily reached from Old Street, Angel and
Moorgate Stations. The area is well - served by numerous bus routes. This
vibrant area has attracted a great number of tech and creative businesses and
is very well - served by many shops, eateries, bars, hotels and amenities.
**Terms**
Available by way of a new effective Full Repairing and Insuring Lease, the
terms of which are negotiable.
**Initial Rent**
£15, 000 per annum exclusive
**Business Rates**
The Valuation Office Agency website lists the current Rateable Value at
£13, 750 with Rates Payable 1st April 2022 to 31st March 2023 estimated at
£6, 861. Should the incoming Tenant qualify for Small Business Rates Relief,
this could be reduced to £4, 002. The 2023 draft valuation is for the Rateable
Value to be increased to £15, 000 with notional Rates Payable estimated at
£7, 485 for 2023/2024. With a combination of Small Business Rates Relief and
Transitional Relief, this increase could be limited to a payable figure of
£4, 202 for 2023/2024. Interested parties are advised to make their own
enquiries to London Borough of Hackney.
**Service Charge**
To be advised.

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