469 Caledonian Road, Caledonian Road Underground Station

The subject unit is in a prominent position on the exit of the station with great frontage onto Caledonian Road benefiting from both commuter and passerby footfall. The unit is secured by a roller shutter across the front. 

Description

The unit has been stripped out and is in good
condition ready for occupation. 

Location

Caledonian Road is a station on the Piccadilly line of the London Underground, between King's Cross St. Pancras and Holloway Road, and in Travelcard Zone 2. Caledonian Road is a suburban area of North London, the area has a strong student population from the nearby London Metropolitan University and there are a number of student accommodation developments surrounding the station. 

Use Class

A1 

Tenure

Leasehold 

Viewing

Strictly by appointment. 

Lease Type

New Lease 

Lease Term

The unit is available on a 5-year lease contracted outside the Landlord & Tenant Act and will incorporate an annual RPI rent review. 

Rent

The rent payable to be an agreed minimum guaranteed rent (MGR) based on a percentage of turnover (sales). 

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.