Retail premises to let

18 Wentworth Street, London E1

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.

Comprising an attractive, open plan ground floor unit with additional basement accommodation. The premises benefits from a bi-folding shopfront, excellent floor-ceiling height, kitchenette and WC.
Area


Ground floor 400 sq ft
Basement 350 sq ft
total 750 sq ft

All areas stated
approx.
Amenities


* Desirable location
* No premium
* Open plan
* 3.5 metre floor to ceiling height
* No VAT
* Good natural light
* WC
Use


Class E including retail, restaurant, medical, leisure and office.
Other uses will be considered.
Business rates


We understand the Rateable value of the property is £22,500. 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 £11,228 per annum.

However we further understand that 75% rates reduction is available to qualifying tenants under the Retail, Hospitality and Leisure Relief scheme for both 23/24 and 24/25.

Interested parties are advised to make their own enquiries to verify this information, and check they are eligible.
VAT


We understand that the property is not VAT elected and VAT is therefore
not charged by the Landlord on outgoings.
Lease


A new lease by arrangement is available, direct from the Landlord.