Property to rent in Balls Pond Road London N1

Rent: £10000.00

Balls Pond Road London, N1 4AX

Property
-- Bed(s)
-- Bath(s)
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Street Address

Balls Pond Road London, N1 4AX

Property description

A3/A5 COMMERCIAL UNIT ON A BUSY HIGH ROAD-To Let/Lease Assignment: £10,000 per annum

This is a great opportunity to acquire established A3 unit on a popular high street. The unit consists of ground floor, good size kitchen and a toilet. The property benefits from a 24 hour hot food serving license. We have been advised by our client that the weekly income is approximately £3,000 with a net profit of £1000. It is moments away from Barclay’s bank, Money shop, Tesco’s and Dixy Chicken. The unit has an A3/A5 license and is suitable for someone who is looking for an established business.

The property is a minute walk from Dalston Junction (London Over ground) providing great transport links to the rest of London. The area is well served by local buses and is easily accessible by car via A10 and A1202.

Accommodation
Ground floor:
Width/Frontage: 30” approx
Depth: 2“approx
Ground floor size: 600sqft approx

Total accommodation size: 600sqft approx

Lease Assignment
Our client wishes to assign his lease which has 9 years remaining. 

Rent 
£10,000 per annum. 

Premium 
£75,000 includes fixtures and fittings. New Premium: £70,000

Legal Fees/Cost 
Incoming tenant is to bear all legal cost.

VAT
This property is not elected for VAT.

Rates
We have been advised by our client that the current business rates are £2,600 per annum. However, all interested parties are encouraged to make their own enquiries with London Borough of Hackney.

Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057

Ranson UK Limited their clients and any joint agents give notice that:
1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 
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Property Features :

  • Prominent Location
  • A3/A5 License
  • 24 Hour Hot Food Serving License
  • Transport Links
  • Good weekly Income

Property Info:

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