Comprises a ground floor retail shop / office forming part of a desirable apartment building. The premises benefits from air conditioning / heating, wood flooring, spotlights, kitchen &, toilet.
Location
The premises are situated on the east side of the busy Finchley Road (A41), close to the junction with Frogmore Lane and serves the affluent North London suburbs of Hampstead, West Hampstead, Swiss Cottage and Primrose Hill.
Accommodation
FLOOR AREA: 472 SQ FT
The parking space in the front forecourt is not demised to the shop.
Terms
LEASE - A new full repairing and insuring lease to be granted for a term by arrangement subject to upward only rent reviews at 5 yearly intervals if applicable.
RENT - Year 1: £10,000 per annum exclusive.
Years 2-5: £19,000 per annum exclusive.
SERVICE CHARGE - Currently £1,700 per annum approx which includes building insurance.
RATES - Obtained from the www.voa.gov.uk website the rateable value for 2025/2026 is £12,500 and qualifies for Small Business Rates Relief with rates payable £1,042 per annum. Interested parties should confirm annual rates payable with the Rating Authority.
EPC - C.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.