Office to let in Lux Building 4th Floor, 2-4 Hoxton Square, Shoreditch, London N1

Key Points

Description

This superb suite of offices occupies the entire fourth floor of this contemporary building and is accessed via a well-presented shared entrance foyer and a passenger lift serves all floors. The office benefits from great natural light with large full width 'Juliette' balcony windows with views over Hoxton Square to the front and large windows to the other elevations. The space is currently configured with a bright main open-plan office area on one side with access to the main boardroom and the other side hosting reception, soft seating areas and three further meeting rooms. There are two sets of private toilets (one with a shower) and with an accessible toilet in the common parts on the first floor. The unit can be offered fully fitted and ready to occupy, subject to negotiation.

Location

The building is located on the West side of the vibrant Hoxton Square, just to the north of Old Street. Hoxton Square is thought to be one of the oldest garden squares in London. The square sits just to the north of the Shoreditch Triangle and plays host to creative and tech offices and fashion showrooms, along with several eateries and bars as well as a church, a primary school, residential apartments and period houses.

Terms

A New Effective Full Repairing and Insuring Lease, to be contracted outside the security of tenure and compensation provisions of the Landlord and Tenant Act, for a term to be agreed.

Initial Rent

£150,000 (+VAT) per annum exclusive.

Service Charge

Estimated at £13,144 per annum (+VAT) for the current year inclusive of buildings insurance premia.

Business Rates

The Valuation Office Agency website lists the Rateable Value of the premises as £110,000. Rates Payable for the period 1st April 2024 to 31st March 2025 are notionally estimated at £56,320. Interested parties are advised to seek confirmation from the London Borough of Hackney.