Assignment of an existing lease – ground floor class E commercial space, currently trading as a cafe (no extraction)/soft play.
LOCATION
Hornsey Road is located within the London Borough of Islington in the heart of this densely populated commercial and residential catchment area. It is situated on the east side of Hornsey Road, thriving within a busy retail parade, and offers excellent visibility near the Seven Sisters Road junction. Notable local landmarks include the Sobell Leisure Center (under 200 meters south) and the Emirates Stadium (an 8-minute walk).
DESCRIPTION
The location benefits significantly from its proximity to major retailers, being only a few minutes' walk from The Nags Head Shopping Centre. Neighbouring businesses include Boots, Lidl, McDonald's, Costa Coffee, Odeon Cinema, and Morrisons. The area offers superb public transport access, served by the nearby Finsbury Park Mainline and Underground Station (Piccadilly and Victoria lines) and Holloway Road Underground Station (Piccadilly Line), complemented by numerous bus routes.
The property is entirely arranged on the ground floor. The internal layout features a combined waiting/café area located at the front, with a storage area and WC facilities situated centrally. A dedicated soft play area is positioned towards the rear of the unit.
Premium - £15,000
ACCOMMODATION
Ground floor: 74.7 Sq m / 804 Sq FT
AMENITIES
Assignment of an existing lease
Ground Floor Unit
Class E
Good Condition
TERMS
Assignment of an existing lease commenced on 23rd July 2024, expiring in July 2034. The property is held on a 10 year lease outside the landlord & tenant act.
Rent reviews – 5 yearly rent review pattern.
Break Clause at the 5th year anniversary subject to 6 months written notice.
Premium - £15,000
6 months deposit required
OUTGOINGS
Prospective tenants are advised to make their own enquiries with the Local Authority.
LEGAL COSTS
Ingoing tenant to be responsible for current tenant & landlord legal fees.
VIEWING
Strictly by appointment through Drivers and Norris.
