Stoke Newington N16 7UY
£30,000 pa

London: 0207 998 1980

Key features

Full description

This is a great opportunity to acquire a highly spacious A1 shop with ample office space. Situated on Stoke Newington High Road currently trading as a Travel Agent the property offers a vast amount of footfall throughout the year. Dalston Junction is located only a 10 minute walk from the property.

Stoke Newington is well known for its pubs, bars, live music shows, open mic comedy bars and vibrant residential roads. In addition, Stoke Newington has its own festival which takes place in early June each year celebrating the area's history and culture. Boasting an impressive 954.09 sq. ft. the property is not shy on space. Glass fronted with great visibility as it is located on a highly busy main road the front of the shop is approximately 15.74 ft. wide further insuring visibility. The property consists of the ground floor and a basement with high ceilings. The property has 2 spacious rooms located in the basement which are currently used as office space. Also consisting of a toilet, staff room/kitchen and an air tube system which allows cash or confidential documents to travel through the tube system into the safe room which has a secured door. The property is priced competitively at £50,000 premium and £30,000 rent per annum. There is a new lease being offered by the landlord for potential tenants with the term dependant on negotiations and final terms. ACCOMMODATION: Ground Floor: Shop front: 15.74 ft. Shop floor: 30.77 ft. x 15.74 ft. Basement: First Office: 15.87 ft. x 13.07 ft. Second Office: 9.65 ft. x 14.81 ft. Kitchen: 10.36 ft. x 11.53 ft. Sub Total: 825.39 sq. ft. TOTAL: 954.09 sq. ft. TENURE: Lease assignment - The landlord is offering a New Lease to potential tenants. The length to be negotiated. PREMIUM: Our Client seeks £50,000 for goodwill and fixtures and fittings. RENT: £30,000 per annum RATES: Interested parties are encouraged to make their own enquires with the Local Authority. LEGAL FEE'S: The incoming tenant is to bear their legal cost and the legal cost of the landlord.