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Description

FOR RENT – A3 RETAIL PREMISES LOCATED ON THE CORNER OF OLD STREET AND HONDURAS STREET AND 2 STUDIO APARTMENTS

Location:
The property is located on the corner of Old Street and Honduras Street in the vibrant Clerkenwell district. The area has and continues to experience a great deal of regeneration and with numerous residential and commercial developments being built in the last 10-15 years.









Description:
The property consists of the retail over ground floor and basement and two studio apartments located on the first and second floors of the building.

Floor: Sq Ft Sq M
Basement 500 Sq Ft 46.49 Sq M
Ground 400 Sq Ft 37.19 Sq M
Total: 900 Sq Ft 83.68 Sq M
2 x Studios Awaiting Inspection.
Terms:
The premises are available by way of an assignment of an existing Full Repairing and Insuring Lease for a term until April 2014, at a rental of £20,800 per annum exclusive.

The studio apartments are let out on Assured Shorthold Tenancies and generate a rental income of £19,500pa. Information supplied by client and requires verifying.

Business Rates:
From information taken from the Valuation Office Agency, the business rates payable are £7,252.75. Any interested parties should make their own enquiries with Islington Council on 020 7527 2000.

Premium:
Offers invited for our clients goodwill, fixtures, fittings and valuable leasehold interest.

Legal Costs:
Each party is to be responsible for their own cost incurred in the transaction.

Viewing:
Strictly by appointment through Owners Sole Agents: