Commercial Investment & Developments Sold
The property is situated on the east side of Wharf Road close to the crossing over the canal and by Wenlock Basin, an attractive mooring. The property is excellently situated being within walking distance of Old Street/ Shoreditch and Angel. Both these centres offer excellent amenities including some of the best restaurants, pubs, shops and bars in central London. The Waterside scheme is located next to the forthcoming City Wharf scheme by A2 dominion which will improve the road considerably.
There are a number of pubs, local shops and cafes within the immediate vicinity of the property. The area is well served by several bus routes and both Angel and Old Street Stations are within walking distance.
The unit is located on the first floor of a Grade II listed period warehouse conversion, dating from the mid 19th Century. The unit is currently used as a photographic studio, but would also suit more conventional office uses. The premises would benefit from refurbishment; however it currently provides good open plan accommodation with the additional benefit of male and female WCs and a kitchenette. Heating is provided by electric storage heaters. APPROXIMATE FLOOR AREA (NIA)
992 sq ft (92.159 sq m)
The unit is located in a Grade II listed building.
An EPC report has been commissioned.
We have been informed that the unit is elected for VAT, however all parties are advised to make their own enquiries.
The building has been rated 160 which equates to a G.
Rates Payable: Approximately £3,140 per annum
All interested parties should make their own enquiries with the London Borough of Hackney to confirm this.
The current service charge is £5,989.16 per annum exclusive of VAT (approximately £6.03 per sq ft).
We are seeking unconditional offers in excess of £525,000 exclusive of VAT, which equates to approximately £529 per sq ft.