1177 Finchley Road Temple Fortune London NW11

1177 Finchley Road London NW11 0AA

Ground Floor Shop – Lease Assignment

Location:  Situated on a busy location close to other retailers including Waitrose, M&S Food Stores, Gails, Costa Coffee  and Medivet close to junction with Hayes Crescent and within close proximity to Golders Green Underground Station ( Northern Line) and North Circular Road (A406).

Description:  A ground floor lock up retail shop  with existing Class E use approx. 700 sqft arranged mainly as open retail space with storage  and WC facilities The property benefits from rear access and car parking space (TBC) – available by separate negotiation).

A new 15 year FR&I Lease from January 2023, with five year rent reviews, stepped rent increases in years 2 and 3.

An early viewing is advised

Terms

Rent:                                            Current passing rent £29,000pax rising to £30,000pa in January 2025

Premium:                                   Offers Invited

Lease:                                          Lease assignment – 15 years from January 2023

Business Rates:              For year 2024/25 the rateable value isset at £26,250 ,all interested parties should make their own enquiries either via London Borough of Barnet  or via www.voa.gov.uk

EPC:                                C rating (57) valid until 27/6/32

Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Legal Costs:                    Each party to be responsible for their own legal costs.