70 WILSON STREET LONDON ECA 2DB
MEDIA STYLE HIGH QUALITY FITTED OFFICES
STUNNING ROOF TERRACE
1954 ACT PROTECTED LEASE
11,912 sq ft - 1,106.64 sq m
Location
LOCATION
70 Wilson Street is located on the edge of ‘Tech City’ just South of the junction of Worship Street & Paul Street on the border of Shoreditch and a short walk from Finsbury Square. The overground & underground services at Old Street (Northern Line, & Network Rail) are c. 8 minutes walk & Moorgate Station (Northern, Circle, Hammersmith & City & Metropolitan Lines & Network Rail) and Liverpool Street Station (Central, Circle, Hammersmith & City & Metropolitan Lines & Network Rail) are c.9 and 8 minutes walk respectively.
Accommodation
ACCOMMODATION
The self contained demise comprises the entire 5th & 6th floors. The 6th floor comprises two pods connected by a roof terrace and each is joined to the 5th floor internally by a staircase. The 6th floor boasts a c. 2,100 sq ft terrace with far reaching views over the City, there are smaller terraces on the 5th floor. The floors have been fitted out to a minimalist media design style. The terraces are for the exclusive use of the Tenant on both floors.
6th Floor – 4,267 sq ft – 396.41 sq m
5th Floor – 7,645 sq ft – 710.23 sq m
Total 11,912 sq ft. 1,106.64 sq m
Terms
FINANCIALS LEASE & TERMS
Passing Rental - £856,664.00 per annum exclusive - £72.00 per sq ft
Rateable Value - £430,000.00
Rates Payable 2020/21 Charging Year - £228,760.00 per annum - £19.20 per sq ft
All interested parties should make their own enquiries
Service Charge – c.£111,236.00 per annum – c.£9.34 per sq ft
LEASE
The 5th & 6th floors are let on a single lease inside the Security of Tenure provisions of the Landlord & Tenant Act Part II expiring on the 11th June 2027.
There is an upwards only rent review at the end of the 5th year & a Tenant’s only option to determine upon serving nine months prior written notice. If the break is not operated the Tenant will receive 12 months rent free.
The accommodation is available by way of an assignment of the existing lease until 2027. Alternatively the existing Tenant woudl consider a sublet on terms to be agreed.
LEGAL COSTS
Each party to be responsible for their own costs in relation to this transaction.
Specification
SPECIFICATION
Stunning large roof top terrace on the 6th floor & smaller terraces on the 5th floor
VRV ceiling mounted air conditioning with exposed ductwork
Large Kitchen/Bar area and a number informal break out areas located over both floors
Large CEO’s office suite
A 14/16 person board room
6 different sized meeting rooms accommodating between 4 & 12 people
Most meeting room have integrated Epson Audio Visual facilities
Automatic solar mitigation window blinds
Minimum finished floor to structural soffit height 3.000mm
Raised access floors (minimum void 160mm)
Occupancy Design 1 person per 10 sqm (means of escape 1 per 6 sqm)
3 x 13 person passenger lifts
DDA lift within demise between the 5th & 6th floors
118 secure bicycle spaces at lower ground floor
WCs & ‘Superloos’ on each floor.
8 showers & 37 lockers
BREEAM ‘excellent’ rating
EPC rating 40(B)