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6-8 Luke Street Shoreditch London 6-8 LUKE STREET SHOREDITCH LONDON EC2A 4XY FREEHOLD VACANT OFFICE EXTENDING TO 14,868 SQ.FT (1,381.4 SQ.M) GIA WITH REFURBISHMENT / CHANGE OF USE POTENTIAL (STPP) ON BEHALF OF N PASK AND R GOODE JOINT FIXED CHARGE RECEIVERS AVISONYOUNG.CO.UK / 109950 6-8 LUKE STREET SHOREDITCH LONDON EC2A 4XY HIGHLIGHTS | PURPOSE BUILT OFFICE BUILDING IN SHOREDITCH | NET INTERNAL AREA 11,191 SQ FT (1,039.8 SQ M) | GROSS INTERNAL AREA 14,868 SQ FT (1,381.4 SQ M) | GARAGE WITH CAR LIFT FOR 4 CARS | LOCATED WITHIN CLOSE PROXIMITY TO ‘SILICON ROUNDABOUT’ | REFURBISHMENT / CHANGE OF USE POTENTIAL (stpp) OFFERS ARE INVITED FOR THE FREEHOLD INTEREST 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY LOCATION Shoreditch is a vibrant and stylish area with an eclectic mixture of amenities and occupiers. Buildings vary in age and style, with most architecture reflecting the location’s industrial and manufacturing roots. Situated within a short walk of Old Street’s ‘Silicon Roundabout’, the locality has benefited from substantial investment and regeneration over recent decades, and is now typically identified as the ‘East London Tech City’. There is continued commitment to the area from both tech start-ups and multi-national corporations alike. Local occupiers include Amazon, Tech Hub, Stripe, Dopplr and Tweetdeck. The property is located at the eastern end of Luke Street where it meets Curtain Road and Great Eastern Street. The property is well located for access to all that Shoreditch and the surrounding area has to offer. The surrounding buildings comprise a mixture of office, residential and live-work accommodation. The area benefits from a strong and alternative culture, sporting an array of artisan coffee shops, gastropubs and restaurants. Brick Lane, Box Park and Old Spitalfields Market are just a short walk away which present a welcome contrast to the Cityscape and typical amenities of the Square Mile. 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY ASKE GARDENS CITY ROAD HOXTON SQUARE HACKNEY ROAD EAST ROAD COMMUNICATIONS BRUNSWICK PLACE CHARLES OLD STREET CITY ROAD BRUNSWICK PLACE SQUARE PITFIELD STREET SHOREDITCH CHURCH PEERLESS STREET OLD STREET BATH STREET CALVERT AVENUE SHOREDITCH HIGH STREET OLD STREET GREAT EASTERN STREET BOUNDARY 1 GOOGLE CAMPUS OLD STREET GARDENS BOUNDARY STREET 8 CHARLOTTE ROAD CURTAIN ROAD 2 R/GA 6 COWPER STREET OLD STREET 5 SUBJECT PROPERTY 3 VICE MAGAZINE 7 OLD NICHOL STREET LEONARD STREET 4 MIND CANDY FEATHERSTONE STREET BUNHILL ROW MARK STREET CITY ROAD 9 GARDENS GREAT EASTERN STREET LUKE STREET 5 ADOBE BUNHILL FIELDS 4 TABERNACLE STREET BETHNAL GREEN ROAD 6 CAPCO PAUL STREET SHOREDITCH HIGH STREET 3 7 STACK EXCHANGE CLIFTON STREET CURTAIN ROAD BUNHILL ROW HONOURABLE ARTILLERY 2 8 QUIDCO COMPANY HQ CITY ROAD COMMERCIAL STREET WORSHIP STREET 10 9 TechHUB WORSHIP STREET 1 FINSBURY SQUARE 10 AMAZON SHOREDITCH HIGH STREET The property benefits from excellent transport JOURNEY TIMES (ON FOOT) infrastructure connections given its proximity to Shoreditch High Street station providing Overground OLD STREET 7 MINUTES services and Old Street Underground Station affording Northern Line and National Rail Services. Liverpool SHOREDITCH HIGH STREET 7 MINUTES Street and Moorgate stations are both within a 12 LIVERPOOL STREET 9 MINUTES minute walk, providing access to the Central, Circle, District, Metropolitan, Hammersmith & City and, MOORGATE 12 MINUTES upon its completion, the Elizabeth Line. All journey times taken from the building. Source: Google Maps 6-8 LUKE STREET SHOREDITCH LONDON EC2A 4XY SHOREDITCH HIGH STREET LIVERPOOL STREET OLD STREET ROUNDABOUT THE SHARD MOORGATE THE BARBICAN SUBJECT PROPERTY CITY OF LONDON FINSBURY SQUARE BANK ST PAUL’S 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY THE PROPERTY The property is a purpose built office building of masonry construction under a flat roof arranged over lower ground, upper ground and a further three floors. The office accommodation benefits from raised floors, suspended ceilings with inset fluorescent lighting, ceiling mounted heating and cooling system, double glazing, a passenger lift and WC facilities on each floor. There is a mix of open plan and cellular office accommodation throughout the building. The offices would require refurbishment and modernisation throughout. ACCOMMODATION The premises provide the following approximate floor areas: FLOOR NIA GIA SQ FT SQ M SQ FT SQ M Lower Ground 1,992 185.1 2,775 2,57.8 Upper Ground 1,999 185.7 2,775 257.8 First 2,371 220.3 3,106 228.6 Second 2,371 220.3 3,106 288.6 Third 2,458 228.4 3,106 288.6 Floorplans are available TOTAL 11,191 1,039.8 14,868 1,381.4 within the dataroom. 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY FLOORPLANS BASEMENT LEVEL GROUND FLOOR FIRST FLOOR SECOND FLOOR THIRD FLOOR GGroruonudn dF lFoloror STORAGESTORAGE LIFTLIFT LIFT LIFT LIFT LIFT LIFT WCWC WC WC LANDING LANDINGLANDING RECEPTION LANDING RECEPTION LANDING WC OFFICE WC WC WCWC OFFICE WC WC WC WCWC OFFICEOFFICE KITCHENETTE OFFICE OFFICE KITCHENETTE RECEPTION RECEPTIONRECEPTION KITCHENETTEKITCHENETTE OFFICE WC OFFICE OFFICE OFFICEOFFICE OFFICEOFFICE OFFICE OFFICEOFFICE OFFICEOFFICE OFFICE OFFICE GARAGEGARAGE GARAGEGARAGE OFFICE STORAGESTORAGE UNIT 1: NIA 185.1 SQ M UNIT 2: NIA 185.7 SQ M UNIT 3: NIA 220.3 SQ M UNIT 4: NIA 220.3 SQ M UNIT 5: 228.4 SQ M 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY TENURE Freehold. PLANNING We understand the property benefits from its current use as an office although we would encourage interested parties to make their own enquiries with the local authority (London Borough of Hackney). REDEVELOPMENT We understand the property has potential for a range of alternative uses (Subject To Planning Permission). SERVICES We understand the property is connected to mains water, gas and electricity and that the property drains into the public sewer. Prospective purchasers should satisfy themselves that sufficient connection and capacity exists to service the property. BUSINESS RATES We understand that the property is assessed as follows: FLOOR RATEABLE VALUE Lower Ground £36,250 Upper Ground £57,500 First £68,000 Second & Third £137,000 Carpark £6,000 TOTAL £304,750 Interested parties should make their own enquiries with the Local Authority to verify this information. 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY ww EPC The Energy Performance Asset Rating is F128. The EPC and RR are available within the dataroom. DATAROOM A dataroom link is available containing relevant information including floorplans and title documents. VAT The property is elected for VAT. PRICE Offers invited for the Freehold interest. LEGAL COSTS Each party is to be responsible for their own legal costs incurred in the transaction. SALE BY RECEIVERS The property is offered for sale on behalf of Nathan Pask and Rosalind Goode, the Joint Fixed Charge Receivers (‘the Receivers’). The Receivers offer no title or collateral warranties associated with this property or transaction. The Receivers act without personal liability. 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY CONTACT Jamie Lamond MRICS DIRECTOR +44 (0)20 7911 2123 +44 (0)7903 056 581 [email protected] Matthew Southall MRICS SURVEYOR +44 (0)20 7911 2018 +44 (0)7887 987 409 [email protected] AVISONYOUNG.CO.UK/109950 65 Gresham Street London EC2V 7NQ +44 (0)20 7895 1515 www.avisonyoung.co.uk Avison Young hereby gives notice that the information provided either for itself, for any joint agents or for the vendors lessors of this property whose agent Avison Young is in this brochure is provided on the following conditions: 1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/ or lessees and do not constitute an offer or contract or part of an offer or contract.2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any representation or warranty whatsoever in relation to the property or properties in this brochure.4) All prices quoted are exclusive of VAT.5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any elements of the brochure which were prepared solely by third parties, and not by Avison Young. Anti-Money Laundering: To comply with our legal responsibilities for Anti-Money Laundering, it will be necessary for the successful bidder to provide information necessary to complete these checks before the deal is completed. Information required will include: 1) Corporate structure and ownership details. 2) Identification and verification of ultimate beneficial owners. 3) Satisfactory proof of the source of funds for the Buyers/funders/lessee. MAY 2021 © Avison Young (UK) Limited. All rights reserved. 6-8 LUKE 6-8STREET LUKE STREET SHOREDITCH SHOREDITCH LONDON LONDON EC2A EC2A 4XY 4XY.
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