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Freehold

Offers in region of

£785,000

(£551.65/sq. ft)

Office for sale

The Timber Yard, Unit 15, Hoxton, London N1
1,423 sq. ft

Offers in region of

£785,000

(£551.65/sq. ft)

Office for sale
The Timber Yard, Unit 15, Hoxton, London N1

    • 1,423 sq. ft

  • EPC Rating: F

Freehold

About this property

  • Great natural light

  • Landscaped courtyard

  • Quiet location

  • Meeting room

  • Comfort cooling heating system

  • Estimated Rates Payable: £22330.25

Description

This studio office is situated on the second floor of this modern-styled development accessed via a stair from the landscaped gated Courtyard. Toilets and a shower are available in the common parts and a passenger lift serves the floor. Internally the unit has a kitchen and a comfort cooling and heating system.

Parking spaces may be available to rent in the secure underground car park from other owners withing the estate.

Location

This award winning Conran-designed development situated around a private courtyard, which offers access to the commercial and residential occupiers. The sought-after development is located on the south side of Drysdale Street, centrally located between Hoxton Street to the west and Kingsland Road to the east with Hoxton Square, Shoreditch High Street and Old Street all moments away away. The premises can be easily reached from Old Street, Hoxton, Shoreditch High Street and Liverpool Street Stations.

Terms

Sale of an existing long Leasehold interest for 999 years from 1st January 2002, so having approximately 977 years remaining.
The ground rent is currently £250 per annum, the next increase will be to £500 pa in 2105. Full details on request.

Price

£785,000.

Business Rates

The Valuation Office Agency lists the 2023 Rateable Value at £44,750 with Rates Payable notionally estimated at £22,330 for the current year. Interested parties are advised to seek confirmation from the London Borough of Hackney.

Service Charge

Estimated at £6,895 per annum for the current year inclusive of buildings insurance and reserve fund contribution.

More information

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