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For Sale

Hoxton

41 Hoxton Square , N1 6PB

Availability (1)

2,180 Ft2

£2,850,000

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  1. Information
  2. Map
  3. Area & Transport
  4. E.P.C
  5. Other Documents
  1. Introduction

    Highly Sought After Warehouse Conversion For Sale In Shoreditch.

    Property Details

    Vendor
    Private
    Tenure
    The property is held on a 999 year Long Leasehold from 1989 at a peppercorn.Title number EGL242912
    Size
    2,180 Ft² (202.53 M²) NIA
    Price
    Offers invited in excess of £2,850,000 (£1,307 /Ft²), subject to contract and exclusive of VAT.
    Net Initial Yield
    4.78% assuming purchaser costs of 6.43%
    VAT
    The property has been elected for VAT
    EPC
    Available on request
    Legal Costs
    Each party to bear their own legal costs in this transaction
    Planning
    The property is located in the London Borough Of Hackney
    Listed Status
    The building is not listed

    Description

    Planning Usage: B1 Business / Office

    Hoxton Square is situated in the diverse and exciting office market of Hoxton, a short distance from both Shoreditch and Old Street Roundabout.

    Hoxton is one of London’s most fashionable office districts forming part of London’s worlds renowned tech belt. It offers a unique mix of building stock including highly sought after warehouse accommodation adored by the fashion, tech and creative sectors.

    The area attracts an impressive range of occupiers who are drawn to the quality of the local amenities with numerous thriving retail, leisure and restaurants on offer.

    41 Hoxton Square occupies a prominent position on the south side of Hoxton Square. Hoxton Square provides highly sought after green space in the heart of the hustle and bustle of one of London’s trendiest districts.


    Amenities

    1. Highly attractive mixed use period building overlooking Hoxton Square
    2. Suitable for both Owner Occupiers and Investors
    3. Comprises 2,180 Sq Ft arranged over LG, G and 4 upper floors
    4. Showroom accommodation totals 763 Sq Ft arranged over the G & LG floors
    5. Office accommodation comprises 1,417 Sq Ft over 1st - 4th floors
    6. Vacant possession achievable on the LG - 1st Floors or option to agree a new one year lease at £62,500 Per Annum
    7. Proposed rent passing of £145,000 Per Annum
    8. Proposed WAULT to expiry 2.29 years and 1.15 years to break

    Availability (1)

    FloorSize (Ft2 | M2)Price (sale | /Ft2)Planning UsageStatus
    4th 261£2,850,000B1Available
    3rd356B1
    2nd 507B1
    1st 293B1
    Ground373B1
    Lower Ground 390B1
    Total / Avgs.2,180£2,850,000
  2. Location

    41 Hoxton Square ,
    London N1 6PB

  3. Transport

    Old Street
    Northern
    National Rail Services
    Hoxton
    London Overground
    Shoreditch High Street
    London Overground
  4. E.P.C

    To be provided in due course.

  5. Other Documents

    Marketing Particulars

MISREPRESENTATION ACT — These particulars do not form part of any offer of contract. They are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to their accuracy. Unless otherwise stated, all prices/rents are quoted exclusive of vat. All terms and information provided is subject to contract & without prejudice.