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Fonthill Road, London, N4

£75,000

Business rates & charges may apply

JBrown International, London
SIZE

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SECTOR

High street retail property for sale

Key features

  • Prime London Location
  • Class E
  • Established Salon
  • Lease Reassignment
  • Turnkey Opportunity

Description

An attractive Class E commercial unit occupying a prominent position on Fonthill Road, a well-established retail and commercial destination in the heart of North London. The property is currently operating as a successful beauty, hair and aesthetics salon, benefiting from a strong local catchment and consistent passing trade.

The premises are arranged to provide a well-presented front-of-house area with treatment rooms and ancillary space to the rear, making it ideally suited to continued use within the health, beauty or wider Class E spectrum, or alternatively suitable for a variety of other commercial uses subject to any necessary consents.

The property is offered by way of a lease reassignment, providing an incoming occupier with the benefit of an existing lease term at a passing rent of £28,000 per annum. The lease runs until June 2031, with a break option in June 2029. There are no further rent reviews during the term, offering certainty of occupational costs for the duration of the lease.

An assignor premium of £75,000 is sought for the goodwill, and to secure the assignment of the lease.

This represents an excellent opportunity to acquire a well-located, income-stable commercial unit in a sought-after North London location with strong existing trading fundamentals and flexibility of use within Class E.

Fonthill Road, London, N4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Finsbury Park Station0.2 miles
  • Arsenal Station0.5 miles
  • Crouch Hill Station0.5 miles

About JBrown International, London

60 Lavender Hill, London, SW11 5RQ

Notes

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Disclaimer - Property reference 7423. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by JBrown International, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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