Assignment of existing lease - a perfect opportunity to acquire this prominent corner retail unit, situated within close proximity of Kings Cross St Pancras station - viewing is highly recommended.
LOCATION
Located towards the southern end of Caledonian road (A5203) on the junction of Killick Street & being within a 2 minute walk from King's Cross, St Pancras International & King's Cross St Pancras International Station stations. Nike London Central, Five Guys Kings Cross, other independent retail shops/cafés are also among the local tenants in the area.
DESCRIPTION
This mixed used building is comprised of an E Class situated over ground & basement levels. Currently operating as a hair salon. On the ground floor a spacious 'L' shaped room, with several work stations & a kitchenette. On the lower ground floor, comprises; one main space with 4 stations, two rooms (one currently being used for beauty), kitchenette, & a WC. The property also benefits from a small courtyard to the rear.
Premium - £150,000
ACCOMMODATION
Total floor area - 2293 Sq Ft / 213 m2
AMENITIES
Refurbished to a high standard
Air Conditioning
Ground & Basement levels
Beauty room
Several work stations
WC
Kitchenette/Staff area
Highly visible location
TERMS
Assignment of an existing 15 years lease (granted 18th November 2021 ).
Rent reviews - £40,000pax -18th November 2024 through to 17th November 2026
£42,000pax - 18th November 2026 through to 17th November 2028
Break Clause - 18th November 2029 & 18th November 2032
OUTGOINGS
Parties are advised to make their own enquiries with the local authority.
VIEWING
Strictly by appointment through Drivers and Norris.
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