Let agreed
Property available on: 13/03/2017
- Zero Business Rates
- Busy Location
- Corner Junction
- Long Running Business of 14 Years
- Cheap Rent
- Service Charge £434.12 PA
We are proud to present this A3 Commercial Lease Assignment in the heart of Hackney more specifically located on the corner junction of Well Street. Currently running as a Caribbean Cuisine take away.
This business has been successfully running for the past 14 years which has turned this shop in to one of the most recognisable premises in Well Street and is extremely popular with the residents and businesses. The property is ideally located in the corner junction of Well Street with Liddle supermarket on the opposite end of the road this location offers a vast number of footfall and traffic passing at all hours. There are a whole host of local renowned business drawing customers to this area as this property is located just off Mare Street. Mare Street is well known all over London for its famous Hackney Empire and Hackney Museum located only a few minutes from this premises.
This A3 business running for 14 years offers a space of just under 300 sq. ft. with a rental price of £8,300 per annum. Th seller is seeking a premium of £40,000 for this property for goodwill, fixtures and fittings. This business currently has no business rates payable offers a newly issued 16 year open/renewable lease.
Accommodation:
Shop Floor: 11.82 ft. x 13.20 ft.
Kitchen: 7.99 ft. x 10.84 ft.
Toilet: 5.07 ft. x 4.32 ft.
Tenure:
Leasehold/Lease Assignment - 16 Years Remaining
Premium:
Our client seeks a premium of £40,000 for goodwill fixtures and fittings.
Legal fees
The incoming tenant is to bear their own legal costs as well as the landlords. The seller will bear his own legal costs.
Rates
We have been advised that there are no rates payable for this property. However, interested parties are encouraged to make their own enquiries with the local authority.
