Name | sq ft | sq m | Availability |
Ground - Retail | 301 | 27.96 | Available |
Basement - Storage | 320 | 29.73 | Available |
Total | 621 | 57.69 |
The property is situated on Paul Street, on the parade between the junctions with Luke Street and Mark Street, and close to Old Street, Great Eastern Street, City Road and Finsbury Square. The surrounding area hosts office buildings, hotels and apartments, and is well-served by eateries, bars and amenities. Old Street Station is just a few minutes walk with Liverpool Street Station also a easy walk away.
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The available premises are one of four self-contained commercial units on the lower floors of Victoria Chambers building, that make up this busy parade. The ground floor has good retail frontage to Paul Street, and a large window to the rear providing additional natural light. There is an open cooking area to the front with full extract hood (runs full height to the rear of the building). The basement is accessed via a stair to the rear and currently configured with W.C., office and and prep kitchen / storage. Ceiling height is very good on both floors.
Available on a new Lease to be contracted 'outside The Act' for a term to be agreed.
£40,000 per annum exclusive (+VAT).
The Valuation Office Agency website lists the 2023 Rateable Value at £21,000. Notional Rates Payable for April 2025 to March 2026 are estimated at £10,479 which maybe discounted under Retail, Hospitality and Leisure Relief, depending on use.
Estimated at £6,343 (+VAT) for the current year, including contribution to the buildings insurance.
There is an existing Premises Licence for on and off sales, 10am to 11pm every day. Details on request.