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Retail Property (high street) to rent

Balls Pond Road, Islington

Withdrawn from Market £10,000 pa| £833 pcm

Property Description

Full description

The property is situated in a prominent position on Balls Pond Road, located in the heart of this densely populated residential catchment area close to Mildmay Park. The unit is less than half a mile from Dalston Junction train station with Highbury & Islington being 1 mile away.

Shop Lease For Sale.
Drivers & Norris are pleased to present this ready established coffee shop lease for sale. The unit comprises of a beautifully presented ground floor sales area which leads on to a very usable basement.

Ground Floor: 284 sq ft
Basement: 313 sq ft

Total: 597 sq ft

Glass frontage, tile flooring, suspended ceiling, concrete flooring (basement), double glazed windows, External electric shutter, 1x WC

1x 2 door fridge display, 1x 3 door fridge display, Magister coffee machine, 1x patisserie display, cash register, stone bake oven, condiment table, deep fat fryer, panini machine, Hifi with speakers, meat slicer, 7 inside tables, 2 outside tables, seating for 24 people.

Lease Assignment

Rent: £10,000 pa
Lease from: 11 March 2014 - March 2029
13 years remaining.
Break: March 2019
Rent review: 5 yearly
Premium: £15,000 O.N.O

£560 per year, but Prospective tenants are advised to make their own enquiries with the Local Authority.

Both parties' legal costs are to be paid by the in-going tenant.

Strictly via the Landlord's sole agent, Drivers and Norris.

More information from this agent

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