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.
Location: 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. Description: 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. Accommodation: Ground floor office space: approx. 1,000 Sqft / 92.90 m2 Amenities: Return Glass Frontage, Alarm, CCTV, AC, BT Fibre Optic Internet, Central Heating, White Goods, Glass Partition, Laminate Flooring, Kitchenette, and 2xWC Terms: 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 landlord's legal fees and agents fees. Rates: 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. Legal Costs: Each party to bear their own legal costs incurred in this transaction. The landlord's legal fees are to be undertaken by the ingoing tenant. Viewing: Strictly via the Landlord's sole agent, Drivers and Norris. Parking: No