Lease Assignment!! A great opportunity to acquire this well located and well established A3/A5 hot food unit on Holloway Road, directly opposite to London Metropolitan University. The property is arranged over ground floor and benefits from very good footfall.
Situated in a main road position (A1) within easy reach of Holloway Road Underground Station (Piccadilly Line), Arsenal Emirates Stadium and London Metropolitan University. Numerous bus routes serve the area.
A great opportunity to acquire this well located and well established A3/A5 hot food unit on Holloway Road, directly opposite to London Metropolitan University.The property is arranged over ground floor and benefits from very good footfall.
Ground floor: 335 sqft / 31.1 m2
Glass Frontage, Wood Flooring, Spot Lighting, Kitchen, CCTV
Full Repairing and Insuring Lease for a term of 16 years from June 2011.
9 years remaining (renewable).
Rent: £15,000 pax
Rent Reviews: 4 yearly
Rent deposit: 4 months
Premium/Goodwill: £25,000 for the benefit of the fixtures and fittings.
We have been advised that the current rates payable are £2,900 per annum, but prospective tenants are advised to make their own enquiries with the Local Authority.
The Assignee is to pay for the Landlord's reasonable legal costs and to give an undertaking for the Assignor's reasonable legal costs if for whatever reason they fail to complete.
Strictly via appointment with the Landlord?s sole agent, Drivers & Norris.