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Retail Property (high street) to rent

87 The Broadway, Mill Hill, London, NW7 3TG

740 sq. ft. | £21,250 pa| £1,771 pcm

Property Description

Commercial information

  • 740 sq ft (68 sq m)
  • Use class orders: A1 Shops

Full description

Tenure: Leasehold

LOCATION
The property is well located in this popular high street serving the prosperous surround.

Multiples represented in The Broadway include Marks & Spencer, Iceland, Boots, WH Smith, Costa Coffee, Tesco Express, Nationwide, Halifax and Pizza Express.


ACCOMMODATION
Comprises a lock-up shop affording the following approximate dimensions:

Gross frontage 18'10"
Internal width 16' 8"
Shop depth 38' 9"
Built depth 44' 6"
Floor area 740 sq ft

NB It may be possible to incorporate a rear extension of circa 320 sq ft.
Further information upon request.

LEASE
Held on a full repairing and insuring lease for a term of ten years commencing 23rd July 2009 without further review. The lease is granted within the Landlord & Tenant Act 1954.

RENT
21,250 per annum exclusive.

PREMIUM
15,000 for the benefit of the unexpired leasehold interest.

RATES
Obtained from the www.voa.gov.uk website the rateable value is 17,000 and the rates payable for 2016/17 are 8,228 per annum. This does not allow for any transitional relief that may apply. Interested parties should confirm annual rates payable with the Local Rating

EPC TBC

LEGAL COSTS
Each party to be responsible for their own costs incurred.

VIEWING
Strictly by appointment through sole agents as above.


More information from this agent

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