Ground & Lower Ground Floor with A1/A2 Retail Use to Let
The shop is located in the heart of Kentish Town having a prominent frontage and the benefit of an A1/A2 Use. It is within a few minutes’ walk of Kentish Town Mainline Rail and Underground Station (Northern Line). Local occupiers include the Post Office, Co-Op, Superdrug, Lidl, Nandos and Boots the Chemist.
The property is situated on lower ground and ground floors and has hitherto been used as a banking hall with ancillary offices on the lower ground and ground floors.
A new effective full repairing and insuring (FRI) lease will be granted for a term by arrangement.
FLOOR AREAS NIA (approx.)
Lower Ground Floor (stores & vaults) - 1,255 sq ft
Ground Floor (banking hall & offices) - 1,510 sq ft
Total 2,765 sq ft
£80,000 pa exclusive
Tenant to pay a service charge towards the landlord’s external costs of maintaining the building.
We are advised that the estimated Rateable Value, effective from 1st April 2017 is £49,000. The rates payable are £23,500 for the 2017/2018 rating year
Each party to be responsible for their own legal fees and costs.
Upon completion of legal formalities
Davis Brown for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers, or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Davis Brown or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property; (iv) all rentals and prices quoted are exclusive of VAT (if chargeable)
SUBJECT TO CONTRACT