Location
Situated on Phipp Street which is a quiet street in the heart of Shoreditch where there is a huge selection of cafes, bars, restaurants and hotels on the doorstep. Mark Street Gardens and Hoxton Square are also nearby, providing green space options for the workforce to enjoy.
Description
Cosmopolitan House is a modern mixed-use building with prominent ground floor frontage onto Phipp Street.
The self-contained ground and lower ground floors provide fitted workspace with good natural daylight and a small (c. 300 sq. ft.) decked terrace.
Part of the ground floor, and lower ground floor benefit from their own entrances, making them easy to let or sub-let separately.
Transport
Shoreditch High Street (Overground)
Liverpool Street (Central, Circle, Hammersmith & City and Metropolitan lines, Overground and National Rail)
Old Street (Northern line and National Rail)
Highlights
• Self-contained space
• Reception area
• Fitted accommodation
• Modern lighting
• Concrete, timber and carpeted floors
• Air conditioning and air handling
• Exposed services
• 3 x kitchenettes
• 8 person passenger lift
• 7 x WCs & Shower facilities
• Security shutters and alarms
• Fibre connectivity
• Shared cycle storage
Use Class
Office falling within Class E
Tenure
Long leasehold for a term of 999 years from 16 December 2009, circa 983 years remaining.
Part of the Ground Floor is let until 11/04/2026, further information available upon request.
Purchase Price
£2,950,000
£277 psf (GIA)
£355 psf (NIA)
Ground Rent
Peppercorn, if demanded.
Service Charge
We understand that service charge payable to year end 28/02/2026 equates to:
£42,366.76 per annum
£5.10 per sq. ft.
Business Rates
The property currently has four assessments:
Part Ground:
Rateable Value: £106,000 per annum
Payable: £58,830 per annum
Part Ground:
Rateable Value: £40,750 per annum
Payable: £20,035 per annum
Part L. Ground:
Rateable Value: £38,500 per annum
Payable: £19,212 per annum
Part L. Ground:
Rateable Value: £26,500 per annum
Payable: £12,224 per annum
Interested parties are expected to satisfy themselves as to the accuracy of these figures, either via London Borough of Hackney or VOA.
EPC
The property has an EPC rating of C – 63.
Measured Survey & Floor Plans
Available upon request.
VAT
The property is elected for VAT.
Approximate floor area
| Floor |
Sq. Ft. |
Sq. M. |
| Ground |
4370 |
405.98 |
| lGround |
3929 |
365.01 |
| Total |
8299 |
771 |
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.