Property photos
Just added
£27,000 pa
(£38.57/sq. ft. pa)
Retail premises to let
16 Wentworth Street, London E1700 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- The Complete Works Independent School 0.1 miles
- Canon Barnett Primary School 0.2 miles
- Aldgate 0.2 miles
- Aldgate East 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for City of London, Aldgate and Spitalfields to find out more about the local area.
Features and description
- Part furnished
- Newly refurbished
- Desirable location
- Open plan
- Excellent floor to ceiling height
- Good natural light
- Mechanical shutter
- No VAT
- WC
Location
The property is prominently situated on Wentworth Street by the junction with Middlesex Street, five minutes walk from Spitalfields Market, 5 minutes walk from Brick Lane and 7 minutes walk from Liverpool Street station.
Description
Comprising an attractive, open plan ground floor unit with additional basement accommodation. The premises has been newly refurbished throughout and benefits from excellent floor to ceiling height, usable basement, mechanical shutter, ample storage and WC.
Area
All areas stated approx.
Ground floor 350 sq ft
Basement 350 sq ft
total 700 sq ft
Amenities
* Desirable location
* Newly refurbished
* Open plan
* Excellent floor to ceiling height
* Good natural light
* Mechanical shutter
* No VAT
* WC
Use
Retail
Rent
Assignment of lease dated 11th November 2024 for a term of 5 years, passing at an annual rent of £27,000 pax, increasing to £30,000 pax from 11th November 2026 and the higher of open market rent and £31,500 pax from 11th November 2027.
There is a tenant only break clause on 11th November 2027.
Business rates
We understand the Rateable value of the property is £21,500. This is not the business rates that you pay.
You pay rates based on the uniform business rates percentage, currently 49.9%. We understand rates payable is therefore £10,729 per annum.
However we further understand that 40% rates reduction is available to qualifying tenants under the Retail, Hospitality and Leisure Relief scheme.
Interested parties are advised to make their own enquiries to verify this information, and check they are eligible.
VAT
The property is not VAT elected - VAT is not charged by the Landlord on outgoings.
EPC
C/63
Premium
£15,000 for leasehold interest and fixtures and fittings.
Viewing
Strictly by appointment through agents
Jarvis Keller
The property is prominently situated on Wentworth Street by the junction with Middlesex Street, five minutes walk from Spitalfields Market, 5 minutes walk from Brick Lane and 7 minutes walk from Liverpool Street station.
Description
Comprising an attractive, open plan ground floor unit with additional basement accommodation. The premises has been newly refurbished throughout and benefits from excellent floor to ceiling height, usable basement, mechanical shutter, ample storage and WC.
Area
All areas stated approx.
Ground floor 350 sq ft
Basement 350 sq ft
total 700 sq ft
Amenities
* Desirable location
* Newly refurbished
* Open plan
* Excellent floor to ceiling height
* Good natural light
* Mechanical shutter
* No VAT
* WC
Use
Retail
Rent
Assignment of lease dated 11th November 2024 for a term of 5 years, passing at an annual rent of £27,000 pax, increasing to £30,000 pax from 11th November 2026 and the higher of open market rent and £31,500 pax from 11th November 2027.
There is a tenant only break clause on 11th November 2027.
Business rates
We understand the Rateable value of the property is £21,500. This is not the business rates that you pay.
You pay rates based on the uniform business rates percentage, currently 49.9%. We understand rates payable is therefore £10,729 per annum.
However we further understand that 40% rates reduction is available to qualifying tenants under the Retail, Hospitality and Leisure Relief scheme.
Interested parties are advised to make their own enquiries to verify this information, and check they are eligible.
VAT
The property is not VAT elected - VAT is not charged by the Landlord on outgoings.
EPC
C/63
Premium
£15,000 for leasehold interest and fixtures and fittings.
Viewing
Strictly by appointment through agents
Jarvis Keller
More information
Listed by
Jarvis Keller
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Property descriptions and related information displayed on this page are marketing materials provided by - Jarvis Keller. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Jarvis Keller for full details and further information.