Withdrawn
Property available on: 11/02/2015
- Running business
- Low Rent
- Spacious basement working area
- High Quality Equipment Included
- Total space: 1160 (approx.)
This is a great opportunity to acquire a successful A1 retail usage shop with ample space. Situated on Stoke Newington Road currently trading as a design and printing business 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.
Offering 1159 sq. ft. (approx.) the property is not shy on space. Glass fronted with great visibility the property is located on a highly busy main road the front of the shop is approximately 12.28 ft. (approx.) wide further insuring visibility.
We are offering this great A1 retail usage lease hold with 3 ½ years remaining on the lease. With the option to renew the lease. The property consists of a large basement covering 645 sq. ft. (approx.) which is where the current owners develop their various different images and graphics from. The ground floor/ shop floor benefits of 514.40 sq. ft. with adequate space behind the counter.
A successful family run business of 30 years the property boasts healthy income with state-of-the-art technology cementing them as the most reliable destination for design and printing services in the area. We have valued the property in the region of £70,000 in respect to the high quality fixtures and fittings and successful location. Currently the rent at the property is £14,000 per annum.
ACCOMMODATION
Shop Floor
Shop front: 18.91 ft. x 12.28 ft.
Behind Counter: 22.98 ft. x 12.28 ft.
Sub-Total: 514.40 sq. ft. (approx.)
Basement: 40.54 ft. x 15.91 ft.
Sub-Total: 644.99 sq. ft. (approx.)
TENURE
Leasehold/Lease assignment:
Our client wishes to assign this Renewable lease which has 3 ½ years remaining.
RENT
Currently the rent is £14,000 per annum.
PREMIUM
Our client seeks a premium of £70,000 for the benefit of goodwill, fixtures and fittings.
RATES
We advise interested parties to make their own enquires with the Local Authority.
Legal Fee's
The seller shall only be responsible for their own legal fees and the buyer shall be responsible for their own legal fees as well as the landlord's legal fees.
Viewings
To arrange a viewing please call us on 020 7510 0860 or alternatively you can contact the Property Manager directly on 07415 863 800. If you have any questions or enquires please do not hesitate to call our office. We are more than happy to answer any of your questions.
IMPORTANT: Viewings Strictly By Prior Appointment with Agents.
