A1 retail unit, which is currently operating as a supermarket since January 2015. The unit is approximately 139 sq m, benefiting from a staff WC, cold store room & large shop floor. The unit is located on the ever popular, trendy & vibrant Turnpike Lane, which is a shopping hub for the local residents and visiting shoppers.
Turnpike Lane, London N8 0DU
The current lease holder has outgrown this unit, therefore wants to move to larger premises & assign the remaining term on the lease on this unit, which is spread over the ground floor and comprises of shop trading floor.
Premium: £30,000 (for the benefit of the lease)
Lease term: 15 Years from January 2015 (FR&I Lease within the landlord tenant act)
Rent: £11,100.00 per annum
Rent review: Every 5 years
Rateable value: £18,500
Rates: £7500.00 - TBC
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.