£2,400,000

Office for sale

  1.  1 & 3B Underwood Row
  2.  1 & 3B Underwood Row
  3.  1 & 3B Underwood Row
Leasehold

£2,400,000

(£577.62/sq. ft)

Office for sale

1 & 3B Underwood Row, Shoreditch, London N1

4,155 sq. ft

Local area information

Property location

Nearby amenities

  • St Luke's CofE Primary School 0.2 miles
  • Thomas Fairchild Community School 0.3 miles
  • Old Street 0.3 miles
  • Old Street 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Hoxton, Finsbury and Barbican to find out more about the local area.

Features and description

  • Leasehold
Key Points

  • Converted warehouse building
  • Generous floor to ceiling heights
  • Large windows with shutters
  • Good levels of natural daylight
  • Exposed brickwork
  • Parquet flooring (in part)
  • Fitted kitchenette
  • Perimeter trunking
  • Central heating
  • Comfort cooling (in part)
  • Fibre connected
  • 1 x parking basement parking space

  • Description

    The warehouse building was converted in the 1990’s to provide commercial spaces at ground floor and residential accommodation on the upper floors.

    The self-contained office has generous floor to ceiling heights with large windows to the front and rear, exposed brickwork and parquet flooring in part.

    There is also one parking space that comes with the property.

    Location

    The property is located on the corner of Underwood Row and Underwood Street in a quiet pocket of Shoreditch with a picturesque streetscape of converted warehouse buildings.

    The property is approx. 0.2 miles / 6 minutes’ walk north of Old Street roundabout, and is well served by an abundance of cafés, bars and restaurants.

    Ideally located, providing quick and easy access to Shoreditch, Islington, King’s Cross and East London.

    Transport

    Old Street (Northern line and National Rail)
    Angel (Northern line)
    Santander Cycle
    Various bus routes

    Highlights

    • Converted warehouse building
    • Generous floor to ceiling heights
    • Large windows with shutters
    • Good levels of natural daylight
    • Exposed brickwork
    • Parquet flooring (in part)
    • Fitted kitchenette
    • Perimeter trunking
    • Central heating
    • Comfort cooling (in part)
    • Fibre connected
    • 1 x parking basement parking space

    Approximate Floor Areas (Gia)

    Ground - 4,155 sq. Ft. - 3,763 sq. M.

    Use Class

    Office falling within Class E

    Tenure

    The long leasehold interest is offered for sale with vacant possession on completion.

    The long leasehold interest is for a term of 999 years from 29 September 1997 with circa 972 years remaining.

    Price

    £2,400,000 per annum

    £638 per sq. Ft.

    Ground Rent

    Subject to a ground rent of £300 per annum.

    Service Charge

    £12,202.02 per annum

    £3.24 per sq. Ft.

    Rates

    Approximate business rates payable to London Borough of Hackney:

    £61,128 per annum

    £16.24 per sq. Ft.

    EPC

    The property has an EPC rating of D – 96.

    Measured Survey & Floor Plans

    Available upon request.

    VAT

    The property is elected for VAT.

    Floor plans and tours

    Floor plans (1)

    1 floor plan available

    View the floor plan to understand the space and layout of this property.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. London
    4. North East London
    5. Angel
    6. Underwood Row