
Highgate Road, London, NW5
- PROPERTY TYPE
Commercial Development
- SIZE
1,000 sq ft
93 sq m
Key features
- Commercial Development
- 1000 Approx Sq Ft
- Leasehold with approximately 998 year(s) remaining
Description
The premises are occupied by a newly fitted coffee shop/café, offering ample seating for customers. The unit extends to just over 1,000 sq ft and is let on a new 15-year lease, producing a passing rent of £47,500 per annum, showing a 7% return with five-yearly rent reviews.
- Review Dates: 21 November 2030 and then five yearly thereafter.
- Break Dates: 21 November 2030 and 21st November 2035
- Contractual Term: 20 November 2040
Asking price: £730,000 for a 999-year leasehold interest.
Business Rates TBC
Highgate Road, London, NW5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kentish Town Station0.2 miles
- Tufnell Park Station0.3 miles
- Gospel Oak Station0.4 miles
Notes
Disclaimer - Property reference TEM260086. 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 Goldschmidt & Howland, Temple Fortune - Sales. 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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