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166/168 Stoke Newington High Street High Street, Stoke Newington, N16 7JL

£ 69,000 pa / 749 sq ft
166/168 Stoke Newington High Street, London - Picture
Use Class

Use Class

E

Size

Size

749 sq ft

Rent pa

Rent pa

£69,000

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.

Accommodation

749 Sq.Ft

The premises are arranged over basement and ground floor levels. NB: The areas have been taken from the VOA and are subject to verification.

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.

Rent

Subject to contract, rental offers are invited in the region of £69000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

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

Tenure

Leasehold

Rates

Rateable Year:
2020
Rateable Value:
£43,500.00

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.

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This was last updated on 17/05/2021