99 St John Street, Clerkenwell London EC1M 4AS

1167 sq. ft. Under Offer

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Location

Situated close to the junction of St. John Street & Clerkenwell Road in the heart of the Clerkenwell showroom district, just five minutes from Farringdon Station. You are spoilt for choice when it comes to restaurants, bars, coffee shops, hotels and gyms. Waitrose and Tesco are on the doorstep.

Description

This well-located, self-contained showroom has recently been refurbished and is ready for immediate occupation.

The open plan space is well presented and arranged over two interconnected floors that benefit from natural daylight.

The showroom has track & spot lighting, central heating, comfort cooling, a new fitted kitchenette and new W/C & shower facilities.

Transport

Farringdon Station (Circle, Elizabeth, Hammersmith & City and Metropolitan lines and National Rail)
Barbican Station (Circle, Hammersmith & City and Metropolitan lines)
Various bus routes
Santander Cycles

Highlights

• Excellent showroom pitch
• Fully refurbished & self-contained
• Two open plan floors, with storage
• Track and spot lighting
• Carpeted showroom & porcelain tiled service areas
• Roof lights serving both floors
• Comfort cooling
• Central heating
• New fitted kitchenette
• New W/C & shower

Use

A1 Shop falling within Use Class E.

Lease

A new lease is available direct from the freeholder for a term by arrangement.

Rent

£90,000 per annum

£77.12 per sq. ft.

Service Charge & Insurance

£2,472.22 per annum

£2.12 per sq. ft.

Business Rates

The property has a rateable value of £36,750, making business rates payable for 2024/25:

£18,338.25 per annum

£15.71 per sq. ft.

This is currently discounted by 75% under the government’s Retail, Hospitality, Leisure Relief Scheme. Making rates payable until April 2025, £4,584.56 per annum.

Interested parties should satisfy themselves as to the accuracy of these figures through London Borough of Islington.

Total Occupational Costs

£110,810.47 per annum

£9,234.21 per calendar month

VAT

The property is not elected for VAT.

Approximate floor area

Floor Sq. Ft. Sq. M.
Ground 604 56.11
lGround 563 52.3
Total 1167 108.42

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.