4 Wellesley Terrace, City Road, London N1 7NA

3,087 sq. ft. Under Offer

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Location

4 Wellesley Terrace is located within a modern and popular mixed use development known as ‘The Link’ on the north side of City Road. The property is within the Old Street district and Old Street Roundabout is 0.3 miles to the east and within a five-minute walk.

The area is very well served by numerous cafés, bars, restaurants and hotels such as; The Eagle, Jamie Oliver’s Fifteen, Bodean’s, Nando’s, Pret A Manger, Tonic and Remedy, Westland Coffee and Wine, M by Montcalm, Ceviche, Z Hotel, The Old Fountain, The Draft House, Nightjar, Honest Burgers, Bone Daddies and Shoreditch Grind.

Transport

  • Old Street (Northern Line)
  • Angel (Northern Line)
  • Barbican (Circle, Hammersmith and City and Metropolitan Lines)
  • Buses 21, 43, 76, 135, 141, 205, 214, 271, 394
  • Santander Cycles

Description

Constructed in 2013, the property provides modern, open plan office accommodation arranged on the first floor.

The first floor office is self-contained with a lift, raised access floor, air conditioning, modern light fittings, three meeting rooms, break out area, roof terrace, kitchen, W/C’s and shower.

The property is available immediately and can be taken fully furnished if required.

Amenities

  • Modern building
  • Self-contained office
  • Passenger lift
  • Entryphone system
  • Raised access floor
  • Suspended ceiling
  • Air conditioning
  • Modern light fittings
  • Three meeting rooms
  • Break out area
  • Roof terrace
  • Kitchen
  • W/C’s and shower

Approximate floor areas

First Floor 3,087 sq. ft. 286.79 sq. m.

Service charge

The service charge is currently running at approximately £1.78 per sq. ft.

Rates

The property has a rateable value of £102,000 making rates payable for 2017/18 approximately £44,088 or £14.28 per sq. ft.

Interested parties are expected to satisfy themselves in respect of business rates obligations through the VOA or London Borough of Hackney.

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Lease

125 year long leasehold interest from 25/03/2013.

Price

Offer in excess of £2,600,000, plus VAT

The property is elected for VAT

Ground rent

The current ground rent payable is £300 p.a

Property Misdescriptions act 1991 / Misdescriptions Act 1967. Anton Page LLP for themselves and for the vendors of this property whose agents they are, give notice that: These particulars do not form any part of any offer or contract: the statements contained therein are issued without responsibility on part of the firm or their clients and therefore are not to be relied upon as statements or representations of fact, any intending purchaser must satisfy himself as to the correctness of each statement made herein: and the vendor does not make or give, and neither the firm nor any of their employees have the authority to make or give, any representation or warranty whatever in relation to this property. All prices exclude VAT.