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£500,000

(£636.13/sq. ft)

Office for sale
7 Chapel Place, London EC2A

    • 786 sq. ft

  • EPC Rating: C

Freehold
Added on 30/08/2022

About this property

  • Self contained entrance with own staircase

  • Good floor to ceiling height

  • Natural light and ventilation from three aspects

  • Newly refurbished and decorated

  • Estimated Rates Payable: £14970

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

Price

£500,000 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 2025 to 31st March 2026 are estimated at £14,970. Interested parties are advised to seek confirmation from the London Borough of Hackney.

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Monthly repayment

£2,501 per month

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