Location On Map
PRIME POSITION A3 PREMISES – LEASE FOR SALE
This property is situated amongst a range of prime shops within this affluent area. Other occupiers in the immediate vicinity include Pizza Express, Starbucks, Costa, Giraffe, Boots and NatWest. Transport links are excellent with Belsize Park Underground Station (Northern Line) being opposite the subject premises. Numerous buses also serve the area.
The property comprises a ground floor, fully fitted A3 restaurant with additional storage and WC facilities to the rear. Also there is outside seating area at the front of the premises.
AREAS (ALL DIMENSION ARE APPROXIMATE)
Ground Floor – Seating: 430 Sq. Ft (40 Sq. M)
Ground Floor – Kitchen: 108 Sq. Ft (10 Sq M)
Ground Floor – Storage & WC: 43 Sq. Ft (4 Sq. M)
Total: 582 Sq. Ft (54 Sq. M)
Assignment of a Full Repairing and Insuring Lease granted in June 2006 for a term of 15 years subject to 5 yearly rent reviews.
The Lease is contracted inside the Landlord and Tenant Act 1954.
£35,500 per annum exclusive
We have been advised that the current business rates payable are £11,250 per annum. However, interested parties are advised to make their own enquiries to the local authority.
£200,000 for the benefit of the Lease, Client’s goodwill and all fixtures and fittings.
Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
COMMERCIAL LEASE CODE
Christo & Co have advised their clients about The Code for Leasing Business Premises in England and Wales 2007. The code strongly recommends seeking professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code is available via the website www.leasingbusinesspremises.co.uk
Strictly by prior appointment through SOLE Agents as above.
SUBJECT TO CONTRACT