Turnpoint, 26-28 Underwood Street, Shoreditch, N1 7JQ

sq. ft.

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Location

Turnpoint is ideally located in a charming Shoreditch environment close to Old Street roundabout. Shoreditch is regarded as one of Central London’s most diverse, popular and thriving districts, attracting an impressive and ever-growing list of occupiers alongside its fashionable restaurants, bars, coffee shops, boutique hotels and retailers.

Transport

  • Old Street (Northern Line)
  • Angel (Northern Line)
  • Barbican (Circle, Hammersmith & City and Metropolitan Lines)
  • Hoxton (London Overground)
  • Shoreditch High Street (London Overground)

Description

This stylish, fitted out office space is located on the second floor of this contemporary office building. The commercial property building was completely refurbished in 2015 and the office has been fitted out to a high standard throughout. The accommodation has raised access flooring throughout, good floor-to-ceiling height, a fully fitted kitchenette, two meeting rooms, air conditioning and demised WCs.

The office is in the heart of the creative quarter, and would suit a variety of occupiers such as media, technology or design companies.

Amenities

  • Raised access flooring
  • Exposed services
  • Excellent floor to ceiling height
  • Modern strip lighting
  • Air conditioning
  • Kitchenette
  • Demised toilets
  • 2 Meeting rooms
  • Excellent cycle storage
  • Communal shower facilities
  • Excellent natural daylight
  • Furniture available by separate negotiation

Approximate floor areas

Second Floor 1,675 sq. ft. 155.61 sq. m.

Service charge

We have been advised that the current service charge equates to approximately £12,056 per annum / £7.19 per sq. ft. plus VAT.

Rates

The estimated rates payable for 2018/19 are £14.90 per sq. ft. equating to £24,957.5 per annum.

Interested parties must verify these figures from The London Borough of Hackney.

Legal costs

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

Lease

An assignment or sub-lease of the existing FRI lease expiring May 2022, with a tenant only option to determine in November 2019.

Alternatively, a new FRI lease may be available for a term by arrangement direct from the freeholder.

Rent

Assignment £92,962.50 (£55.50 per sq. ft.)
Sublease £96,312.50 (£57.50 per sq. ft.)

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.