FONTHILL ROAD

Finsbury Park

£38,000 PAX

OVERVIEW

Property Details

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).

Lease:

New lease, terms to be agreed

Legal Fees:

Ingoing tenant to be responsible for the landlords reasonable legal expenses.

Business Rates:

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.


To View:
Call : 020 8446 0011
Email : sales@maundertaylor.co.uk
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