This property is no longer on the market
Retail property (high street)
Property description & features
- Close to Kings Cross Railway Station
- Ground and basement retail and ancillary space
- Net internal area approx. 900 ft² (83.64m²)
- Asking rent of £30,000 per annum exclusive
- Available by way of a new lease
Location
The property is located in the southern end of Caledonian Road, close to Kings Cross railway station. The property also benefits from numerous bus routes servicing the area. Neighbours include Tesco Express, Simmons Bar, Rosa’s Thai Restaurant, Scala and Rush Hair.
Description
The property is a mid-terrace arranged over ground and basement floors and comprises a ground floor retail space with WC and stores. Stairs lead to a basement-floor treatment room, store, kitchens and staff area. THE CURRENT EQUIPMENT IS NOT INCLUDED IN THE LETTING.
Accommodation
The property has been measured on a net internal area:
Ground floor: 35.2 sq. m (378 sq. ft)
Basement floor: 30.5 sq. m (327 sq. ft)
Terms
The property is available on a new lease at terms to be agreed with an asking rent of £30,000 per annum exclusive of all other outgoings.
Business Rates
As of 1st April 2023, the premises will have a rateable value to £11,750. This is not the rates payable.
Interested parties may be eligible for rates relief subject to confirming with the local authority.
Planning
The premises has been used most recently a dental practice which now falls with Use Class E. Prospective applicants should check with the planning department of the local authority that the unit has planning permission for the proposed use.
Services
The property benefits from mains water, drainage, gas and electric. These are untested by the agent.
Legal Costs
Each party to bear its own costs. However, the ingoing tenant is to first give the landlord an undertaking for abortive costs via their own solicitor. Further information available on request.
VAT
No VAT is applicable to the rent.
EPC
A new EPC is to be provided. The property is shown as being in Band C by an EPC that expired in 2021.
Local Authority
Islington [use Contact Agent Button]
Property information from this agent
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