Shop available on the east side of Stoke Newington High Street (A10), an arterial route connecting Central London to the North Circular and M25 Motorway, close to Stoke Newington Church Street. Stoke Newington Overground Station is situated some 500 metres to the north. Occupiers close by include Iceland, Savers, Costa Coffee, Franco Manca and Whole Foods Market, amongst others.
Please note, VAT is not chargeable on the rent.
Stoke Newington is a densely populated North East London suburb in the London Borough of Hackney, approximately 5 miles north east of Central London.
Tenure
Leasehold
Accommodation
Accommodation details below:
Areas
sq ft
sq m
Ground Floor Sales
1,941
180
Ground Floor Ancillary
245
22.8
Basement
1,563
145
Financial
Lease Type
Existing Lease
Lease Term
The premises are held by way of an effective FRI lease expiring on 25th January 2028 subject to an upward only rent review and tenant only break with effect 26th January 2023 at a current rental of £69,000 p.a. excl., rising to £70,000 pax with effect from 26th January 2022. VAT is not chargeable on the rent. Offers are invited on an assignment or underlease basis with terms available upon request.
A new lease is potentially available directly from the landlord.
Rates
Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Hackney Council – Tel: 020 8356 3466
Rateable Year:
2020
Rateable Value:
£43,500.00
Rates Payable:
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UBR:
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Last Updated
02/03/2021
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
