A 2 floor retail unit (ground & first) situated in the renowned garment district of Fonthill Road, lying just off Seven Sister’s Road – and within easy reach of Finsbury Park Station.
All viewings are strictly by appointment only.
Accommodation (all sizes are approximate):
2 storey unit with internal stair case, linking ground and first floor retail areas. Beyond the ground floor retail area is a rear office (staff/stock room) with a WC.
To the rear of the first floor level, there is an open plan kitchen area, cupboard housing hot water cylinder, and a shower room /WC.
The property has been recently improved, and is offered in good decorative order throughout.
The building has an approximate depth of 48’6 (14.78m) – inclusive of WC/kitchen area and internal stair case.
The unit has an approximate GIA of 1,400ft² (130m²)
The current tenant is looking to assign the remaining terms of their existing lease, which has a passing rent of £38,000 PAX. The current lease has a remaining term of approximately 12 ½ years (further details available upon request).
*Offers are invited for the good will, and the fact that the unit is ready for the next tenant to occupy/trade from immediately. (Current stock available by separate negotiation).
New lease, terms to be agreed
Ingoing tenant to be responsible for the landlords reasonable legal expenses.
According to the VOA web site, the Rateable Value is £30,750. This is NOT the amount of rates payable – for the actual amount of rates payable interested parties are advised to make their own enquiries to Islington Council – Tel: 020 7527 2000.