A1/A2/Retail Shop to Let by way of a lease assignment. The unit benefits from an imposing corner position on the Holloway Road within a 7 minute walk from Highbury & Islington Station. Currently trading as a solicitors office the unit may be suitable for a number of uses subject to the necessary consents being obtained.
The premises are located on the corner of Holloway Road and Palmer Place on a busy thoroughfare linking Archway to Highbury & Islington in the heart of this densely populated commercial and residential catchment area. The area is well served by public transport, with Holloway Road Underground Station (Piccadilly Line) 5 minutes walk and Highbury & Islington Station (Victoria line, London Overground's East and North London Lines, and Great Northern's Northern City Line) 7 minutes walk away. There are also numerous bus routes serving the immediate area.
Arranged on the ground floor level the premises benefit from an imposing corner position and is currently in use as a solicitors office. The property currently has A2 use but may be suitable for a number of uses subject to the necessary consent being obtained.
Ground floor office space: approx. 1,000 Sqft / 92.90 m2
Return Glass Frontage, Alarm, CCTV, AC, BT Fibre Optic Internet, Central Heating, White Goods, Glass Partition, Laminate Flooring, Kitchenette, and 2xWC
Assignment of a full repairing and insuring lease (inside the landlord and tenant act) for a term of 10 years from December 2011 with approx. 1 year remaining. There is also the option for a new lease.
The current passing rent is £23,750 per annum exclusive of business rates.
Building Insurance: £1,000 pa.
Deposit: 6 Months to be held for the duration of the lease.
Ingoing tenants to be responsible for the landlords legal fees and agents fees.
We are advised that the rates payable are £7,914 per annum, but prospective tenants are advised to make their own enquiries with the Local Authority.
Each party to bear their own legal costs incurred in this transaction. The landlords legal fees are to be undertaken by the ingoing tenant.
Strictly via the Landlord's sole agent, Drivers and Norris.