50 Featherstone Street, Old Street London EC1Y 8RT

4282 sq. ft. Available

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Location

The building is situated on the northern side of Featherstone Street, running parallel to Old Street. The property is just a few minutes walk from Old Street roundabout. The area has been coined Silicon Roundabout and has become internationally recognised as the centre for creative, tech and media companies. Local amenities are excellent with various shops, coffee shops, bars and restaurants in close proximity. The hugely popular street food market on White Cross Street is also nearby.

Description

A newly designed entrance area greets visitors to the building which also incorporates an informal break out and meeting space for the tenants in this building.

The ground and lower ground floors have been refurbished to a CAT A standard and would be ideal for a number of uses.

Unit A provides fitted and furnished office space. This includes 3 meeting rooms, a boardroom and new with a new kitchen and break out space.

Both spaces are available for immediate occupation.

Transport

Old Street (Northern line and National Rail)
Moorgate (Hammersmith & City, Circle and Metropolitan lines and National Rail)
Liverpool Street (Central, Circle, Elizabeth and Metropolitan lines and National Rail)

Amenities

• Newly designed entrance area with commissionaire
• Communal break out and meeting space
• Secure bicycle storage and showers
• Air conditioning
• Newly cabled with power and data cabling
• New interconnecting feature staircase
• New LED lighting
• Raised access floor
• Kitchenette
• Demised WCs
• 3 private meeting rooms (Unit A)
• Boardroom (Unit A)
• Furniture (Unit A)
• Kitchen and break out space (Unit A)

Lease

New flexible lease terms are available.

Rent

G&LG - £135,000 per annum - £31.50 per sq. ft.
Unit A - £77,000 per annum - £35 per sq. ft.

Service Charge

G&LG - £21,410 per annum - £5 per sq. ft.
Unit A - £11,000 per annum - £5 per sq. ft.

Rates

The estimated rates payable for 2023/24 are:

G&LG - £52,100 per annum - £11.95 per sq. ft.
Unit A - £14,212 per annum - £6.46 per sq. ft.

Interested parties must satisfy themselves and should contact the London Borough of Islington.

Total Occupational Costs

G&LG - £207,610 per annum - £17,300 per calendar month
Unit A - £102,212 per annum - £8,518 per calendar month

Approximate floor area

Floor Sq. Ft. Sq. M.
Ground 1929 179.21
lGround 2353 218.6
unit A 2200 204.38
Total 4282 397.81

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.