Drummond Street

£11,750 per year

Available NOW

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A1 retail unit, which has been operating as an Chinese herbal medicine centre since 2012 & is approximately 275 sq ft, benefiting from a WC and kitchen area. The unit is located on the ever popular, trendy and vibrant Drummond street, which is on the door step of Euston and Warren Street station.

Drummond Street, London NW1 2HN

The current lease holder has outgrown this unit, therefore wants to move to larger premises & assign the remaining lease on this unit, which is spread over the ground floor and comprises of therapy rooms and bathroom with WC and a small kitchen.

Terms

Tenure: Leasehold
Premium: £40,000 (for the benefit of a lease)
Lease term: 12 Years from 1st April 2009 (FR&I Lease within the landlord tenant act)
Rent: £11,750.00 per annum
Rent review: Every 3 years
Rates: £3800.00 - 01.04.16 - 31.03.17
Class of Use: A1
Legal Cost: Incoming tenant will bear all the legal cost and also Incoming tenant to bear Freeholders management and legal cost

AGENTS NOTE: Oakford Estates Ltd as agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own independent experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested. No person in the employment of Oakford estates Ltd may make or give any guarantees or warranty in relation to this property.

Reference: OKF1000825


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