Office for sale in 19-20 Hatton Place, London EC1N

Plouviez house 19-20 hatton place, london EC1N 8RU

Located within the heart of the Diamond District this attractive mews property will be of interest to both owner occupiers and investors with the potential for vacant possession within a year

Investment highlights

- Attractive self-contained freehold building
- Vacant possession within twelve months
- Total Net Internal Area of 2,407sqft (224sqm)
- Abundance of natural light, ground through to second floor space
- Basement storage
- Excellent transport links via Farringdon Station (Elizabeth Line)
- Modern passenger lift
- Double glazed throughout
- Parking space
- EPC Rating b-36 Expiring December 2033
- Seeking offers in excess of £1,875,000 for the freehold interest

Location

Hatton Place is situated in the heart of the Hatton Garden Conservation Area and links St Cross Street to Hatton Wall.
The area is an established office location with strong connections to the Diamond and Jewellery trade, whilst Hatton Place also benefits from residential properties within the mews.
The property is within a five-minute walk of Farringdon Station and the recently opened Elizabeth Line offering excellent connectivity to the City and West End.

Description

The property is a four-storey brick built commercial property, currently used for offices and training purposes.
Spanning basement, ground, first and second floors, the accommodation benefits from excellent natural light.
The property may suit future conversion to residential and it may be possible to add an additional floor, subject to obtaining the necessary planning consents.

The property benefits from:

* Modern lift
* Double glazing
* Shutters to ground floor
* Parking space
* Entrance lobby
* Excellent natural light
* Comfort cooling

Floor areas - NIA

Basement 89 sq ft 8.27 sqm
Ground 786 sq ft 73.00 sqm
First 754 sq ft 70.00 sqm
Second 778 sq ft 72.30 sqm
total 2,407 sq ft 223.57 sqm

To confirm the floor areas above exclude the main stairways, lift lobby corridors and toilet areas.

Tenancy information

Basement

Vacant possession on completion – storage.

Ground Floor

Let at £20,000 per annum. The lease is for a term till 30 May 2027 with a mutual rolling option to determine from 31 May 2022 on giving twelve-months prior written notice.

First Floor

Let at £20,000 per annum. The lease is for a term till 30 May 2027 with a mutual rolling option to determine from 31 May 2022 on giving twelve-months prior written notice.

Second Floor

Vacant possession on completion.

Parking Space

One year tenancy at £2,000 per annum.

Planning

Interested parties should make their own enquiries. The property is currently used as offices throughout under Use Class E. Correspondence is available indicating the acceptance of Use Class E, however, historic planning records show office and jewellery workshop.

EPC

Entire premises b-36 as of 05 December 2023 – Expiry 05 December 2033.

Business rates

Ground and First Floor

Rateable Value 2023 - £53,000

Second Floor

Rateable Value 2023 - £28,250

This is not the rates payable.

Tenure

Freehold.

VAT

We are informed the building is not elected for VAT.

Price

Offers in excess of £1,875,000 (one million eight hundred and seventy-five thousand pounds).