£13,000 pa
(£27.37/sq. ft. pa)
Office to let70 St. John Street, London EC1M
475 sq. ft
Available immediately
Part furnished
About this property
Open plan
Characterful original features
Good natural light
WC
Gas central heating
Kitchenette
Location
Located on St John Street just south of the junction with Clerkenwell Road, the premises are in the heart of Clerkenwell.
Farringdon and Barbican stations are a few minutes walk away.
Description
Attractive mid terrace former industrial building, providing a self contained, 1st floor office/studio.
Areas
All areas are stated approx.
1st floor 475 sq ft
total 475 sq ft
Amenities
* Open plan
* Characterful original features
* Good natural light
* WC
* Gas central heating
* Kitchenette
Business rates
From 1 April 2023, we understand the rateable value (rv) of the property is £14,250. This is not the rates you pay. Business rates payable from 1 April 23 are approx. £7,111 per annum.
However the property is eligible for Small Business Rates Relief, having an rv of less than £15,000.
Interested parties are advised to make their own enquiries of Islington Council and their criteria for relief, but we understand that 25% relief is available for the property, reducing annual rates payable to £5,333.
Service charge
The budgeted annual service charge is apx. £2,800 per annum + VAT. This includes gas central heating and hot water.
EPC D/91
Lease
Assignment of existing lease to 14th May 2024.
Or a new lease may be possible, on terms to be agreed by negotiation.
Located on St John Street just south of the junction with Clerkenwell Road, the premises are in the heart of Clerkenwell.
Farringdon and Barbican stations are a few minutes walk away.
Description
Attractive mid terrace former industrial building, providing a self contained, 1st floor office/studio.
Areas
All areas are stated approx.
1st floor 475 sq ft
total 475 sq ft
Amenities
* Open plan
* Characterful original features
* Good natural light
* WC
* Gas central heating
* Kitchenette
Business rates
From 1 April 2023, we understand the rateable value (rv) of the property is £14,250. This is not the rates you pay. Business rates payable from 1 April 23 are approx. £7,111 per annum.
However the property is eligible for Small Business Rates Relief, having an rv of less than £15,000.
Interested parties are advised to make their own enquiries of Islington Council and their criteria for relief, but we understand that 25% relief is available for the property, reducing annual rates payable to £5,333.
Service charge
The budgeted annual service charge is apx. £2,800 per annum + VAT. This includes gas central heating and hot water.
EPC D/91
Lease
Assignment of existing lease to 14th May 2024.
Or a new lease may be possible, on terms to be agreed by negotiation.
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