Retail premises to let

Holloway Road, London N7

Assignment of existing lease (with premium, details below) - ground & basement, e-Class unit located along the busy Holloway Road thought suitable for a number of trades, currently trading as a coffee shop.

Location
The unit is located on the busy Holloway Road and benefits from high levels of footfall. Both Highbury & Islington & Drayton Park stations are within close proximity of the property, and Holloway Underground Station (Piccadilly Line) can be found approximately 6 minute walk away.

The area boasts a wide range of businesses, such as Sainsbury’s Local, Tesco, McDonald's, as well as a mix of local independent shops and restaurants/cafe's.

Description
The property occupies the entire ground floor and basement of this mid terraced mixed use building.
Currently operating as a coffee shop (no extraction), with a seating area to the front, bar/prep area. The basement comprises a storage room as well as a downstairs WC. The ingoing tenant will benefit from the property's good condition and fixtures and fittings.

Accommodation
Gross Internal Area : 611.9 Sq Ft (56.85 Sq M)

amenities
Refurbished to a good standard standard
Ground & Basement levels
Close to Arsenal stadium
WC

Bar/Prep area

terms
Available on assignment of existing 10 year full repairing and insuring lease commencing from July 2021 (lease assigned to current tenant in May 2023), outside the landlord & tenant act, subject to 5 yearly rent reviews.

Premium sought for goodwill, fixtures & fittings - offers in excess of £15,000.

Outgoings
Parties are advised to make their own enquiries with the Local Authority.

Legal costs
Ingoing tenant to be responsible for both landlord & assignee legal costs.

Viewing
Strictly by appointment with Drivers and Norris.