EXTREMELY RARE SHOREDITCH MIXED USE FREEHOLD FOR SALE, CITY ROAD, EC1V.
Mixed use freehold comprising of A1 retail along the basement and ground wiith residential across the upper floors.
The property is located on City Road within the Underwood Street conservation area, with Old Street (northern line) station 0.2 miles away.
The property is located in Shoreditch on Silicon roundabout within the London Borough of Hackney. City Road over the past decade has seen significant redevelopment with a large number of high profile developments completed/under construction. Consequently it has established itself as one of the most affluent areas of East London.
A once unloved district between Angel and The City is now home to some of London's most iconic skyscrapers, exclusive hotels, restaurants and home to 'silicon roundabout'
Smith & Newton architects have produced feasibility for a number of potential conversion options for the building. This include an addition of a fourth floor and conversion into a 14 bedroom boutique hotel or 4 x 1 bedroom apartments. This can all be provided upon request.
Looking for more information or to arrange a viewing?
Prior to taking occupancy of your selected property, the below "Move in monies" will be due:
FIRST RENTAL PAYMENT
1 month's rent will need to be paid in advance. Bridge will then pay you first months rental payment on your behalf to ensure a smooth transition.
6 weeks' rent – this is your security "damage" deposit. The deposit will be protected in a ring fenced account (MyDeposits) and is not accessible by Bridge or the landlord throughout the tenancy. The deposit is refunded to the tenant(s) at the end of the tenancy subject to an inventory/checkout.
Bridge’s Admin Fees are £300 + VAT (£360 inc VAT)
£50 + VAT (£60 inc VAT) per reference. If you do have a Guarantor, they will also need to be referenced – this will be factored into the costing.
CHECK-IN AND CHECKOUT
Bridge will be instructed by the landlord as to what arrangements are to be made for the inventory and check-in. The landlord will be responsible for the cost of the inventory and check-in, and the tenant will be liable for the cost of the inventory check-out. Where Bridge organise an end of tenancy inventory check out inspection a fee of £160 + VAT (£192 inc VAT) will be charged. Where a landlord organises this inspection independently of Bridge, the charge may be greater than this amount.
If you wish for your current tenancy to be renewed, Bridge will make a charge of £200 + VAT (£240 inc VAT) to cover administration and preparation of relevant documentation.