4 Frognal Parade 158 Finchley Road London NW3 5HH

4 Frognal Parade Finchley Road Lodon NW3 5HH

Ground Floor shop – Lease Assignment

Location:  Situated on Finchley Road (A41) one of main artery routes into Central London within a prominent parade close to Finchley Road & Frognal mainline and underground stations, as well as O2 Centre.

Description:  A ground floor Lock-up shop (half shop) with Class E use approx 150sqft including WC to rear.

The property is held on a 10 year lease from 2024 with approx. 8 years remaining, with reviews every fifth year

An early viewing is advised.

Terms 

Lease:                                 Lease assignment approx. 8 years remaining on existing FRI Lease.

Rent:                                   Passing Rent £14,640 pax + VAT

EPC:                                     C (53)Rating valid until 08/02/33

Business Rates:                Currently £8,000pa.  We understand SBBR may apply but all interested parties should make their own enquiries either with  London Borough of Camden 020 7278 4444 or via www.voa.gov.uk

Legal Costs:                     Ingoing Tenant to be responsible for Landlords reasonable legal costs.

VAT:                                   Please note that the property has been elected for VAT, therefore VAT is payable on rent.

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.

Viewing:                           Via Sole Agents Grovelands 020 8731 9777 or www.grovelands.net