Office to let in Stylus, 116 Old Street, London EC1V

Key Points

Description

Formerly home to the Margolin gramophone factory, Stylus was rebuilt in 2017, whilst retaining the charming original frontage.

The building offers flexible design lead office accommodation, with exposed services, high ceilings and column free floorplates, allowing natural light to fill the space.

Location

The building is located on the south of Old Street, surrounded by an array of local restaurants, bars and shops. With Shoreditch to the East and Farringdon and Clerkenwell to the West, the building is perfectly located to make the most of both areas.

Availability_Text

The accommodation comprises the following areas:

Transport

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

Amenities

• Generous lounge area & break out space
• Multiple meeting rooms / private offices
• Good floor to ceiling height
• Feature staircase
• Column-free floor plates
• Raised access floors
• Low energy LED light fittings
• Two 9-person lifts serving all floors
• Renewable energy generation
• Showers and WCs
• Cycle storage for 44 Bikes
• Drying room
• 81 lockers
• Rear windows facing private courtyard

Approximate Floor Areas

Ground - 4,478 sq. Ft. - 416.02 sq. M.
L. Ground - 3,576 sq. Ft. - 332.22 sq. M.
Total - 8,054 sq. Ft. - 748.24 sq. M.

Lease

Available by way of sublease for a term expiring July 2025.

Alternatively, a new lease direct from the Landlord

Rent

£449,010.50 per annum

£55.75 per sq. Ft.

Service Charge

£74,580.04 per annum

£9.26 per sq. Ft

Rates

Rates payable for 2023/24 are approximately:

£140,945 per annum

£17.50 per sq. Ft

Total Occupational Costs

£664,536 per annum

£55,377 per calendar month

£82.51 per sq. Ft.