£750,000

Office for sale

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Leasehold

£750,000

(£954.20/sq. ft)

Office for sale

Chapel Place, London EC2A

786 sq. ft

Local area information

Property location

Nearby amenities

  • St Monica's Roman Catholic Primary School 0.1 miles
  • Central Foundation Boys' School 0.2 miles
  • Old Street 0.3 miles
  • Old Street 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Barbican to find out more about the area.

Features and description

  • Leasehold
Key Points

  • Self contained entrance with own staircase
  • Good floor to ceiling height
  • Natural light and ventilation from three aspects

  • Description

    The available space occupies the first floor of building 7 in Chapel Place and is accessed from the courtyard via a private entrance and stair. The unit is currently configured with an open-plan main office space with a private toilet and well-equipped kitchenette. Chapel Place benefits from a having a Security Guard employed during the day to look after the estate.

    Location

    Chapel Place is an attractive private courtyard development accessed from both Rivington Street and Old Street, within the vibrant ‘Shoreditch Triangle’. The 'Shoreditch Triangle' is a busy mixed-use area occupied by many thriving creative and tech businesses and is well served by hotels, shops, amenities, transport, eateries and bars.

    Terms

    For Rent by way of a new Effective Full Repairing and Insuring Lease outside the protective provisions of the Landlord and Tenant Act, the terms of which are negotiable.

    For Sale by way of an assignment of the existing long leasehold interest.

    Initial Rent

    £35,000 per annum exclusive.

    Price

    £750,000 for the long-leasehold interest.

    Service Charge

    Estimated at £4,000 for the current year.

    Buildings Insurance

    Estimated at £1,000 for the current year.

    Business Rates

    The Valuation Office Agency website lists the current 2023 Rateable Value of the premises at £30,000. Rates Payable 1st April 2023 to 31st March 2024 are estimated at £14,970. Interested parties are advised to seek confirmation from the London Borough of Hackney.

    Floor plans and tours

    Tours (1)

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    More information

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    1. Zoopla
    2. Commercial for sale
    3. London
    4. Central London
    5. Clerkenwell
    6. Chapel Place

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