TO LET BY WAY OF NEW LEASE
The premises are prominently located on Caledonian Road (A5203). Local occupiers include Tesco, Simmons Bar, Rosa's Thai restaurant, Scala, Rush Hair. The unit benefits from a good shop frontage, LED Lighting, two WC's.
King's Cross St. Pancras Station is a few minutes' walk south of the property, this ultra-flexible spaces can be perfectly tailored to your specific business needs.
Positioned ground floor and basement premises providing the following areas:
GROUND FLOOR: 423 Sq Ft
BASEMENT: 500 Sq Ft
APPROX. GROSS INTERNAL FLOOR AREA: 923 Sq Ft (86 Sq M).
RETAIL PREMISES: We believe the premises fall under Class E of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
RENT: £30,000 Per annum
RATES: £13,200 Per annum (as taken from Gov.uk) This is not the amount you will pay. The rateable value is used to calculate your rates bill. Please refer to the Local Authority for more information on rates.
TENURE: A new effective full repairing and insuring lease, for a term 15 years, subject to upward-only rent reviews every 5th year. (contracted outside the landlord and tenant act of 1954)
EPC: Available upon request
COSTS: In-going tenant to bear both sides reasonable related legal costs.
VAT: Under the Finance Acts 1989 and 1997 VAT may be levied on the rental price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
VIEWING: Via the owner's agents Amber & Co Commercial. Amber & Co kindly asks that all attendees must wear a mask at appointments and follow social distancing rules. Do not book an appointment if you or someone you have been in contact with is displaying possible Corona virus (Covid‐19) symptoms.
ANTI-MONEY LAUNDERING: In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken.
Borough of Islington, Business Rates
All photographs are provided for guidance only.
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