Retail premises to let in 261 City Road, London EC1V

Location

The property is prominently situated on City Road to the front of a prestigious Mount Anvil development, the Lexicon Building, and almost equidistant between Old Street station (Northern line and National Rail) and Angel station (Northern line).

Description

Comprising an attractive, ground floor unit, the premises benefits from fully glazed frontage to City Road, good floor to ceiling height, air conditioning, wooden flooring, meeting room, kitchenette and WCs.

Area

All areas stated approx.

907sq ft/ 84.26 sqm

Amenities

* Desirable location * Would suit multiple uses
* Fitted out * Fully glazed frontage
* Good natural light * Prestigious development
* Air con * WCs

Use

Retail/office/leisure

Rent

£15,000 pax

Business rates

We understand the Rateable value of the property is £30,750 . 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 £15,344 per annum.

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

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

VAT

The property is VAT elected - VAT is charged by the Landlord on outgoings.

EPC

Tbc

Lease

New lease by arrangement, direct from the Landlord. The Landlord requires an option to determine from 12 months with notice to be agreed.