Commercial Parade Of 3 Units | | Hackney London | | 3 INDIVIDUAL UNITS TO LET IN A PRIME TRADING LOCATION POTENTIAL TO CREATE ONE LARGE UNIT OUT OF THE 3 ADJACENT TO NORTH CIRCULAR AND RESI DEVELOPMENTS PLANNING GRANTED FOR DELIVERY LAY-BY TO FRONT HIGH VOLUMES OF FOOTFALL THROUGHOUT THE DAY & NIGHT POTENTIAL LEASE INCENTIVES AVAILABLE SUBJECT TO COVENANT WIDE VARIETY OF BUSINESS START UP OPTIONS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68552
ADVERT IMPRESSIONS : 24,699 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Retails | | SALE: | Agent Sale | FREEHOLD: | Price On Application | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The units are situated adjacent to the well known cross roads between Green Lanes (A105) and the North Circular (A406) in North London. This busy intersection generates high volumes of footfall and passing traffic throughout the day and night.
DESCRIPTION
In the current format there are 3 units situated on the ground floor of a mixed use new build. We have been advised by our client that this format could be changed around to provide 2 larger units or alternatively a single unit occupying the whole space. This would be subject to the proposed business model and covenant strength.
THE BUSINESS OPPORTUNITY
This superb and highly visible site offers great potential for any new business start-up due to the prominent position their new business will be located in. High visibility, and high volumes of footfall and traffic which pass the premises throughout the day and night are essential ingredients to a successful launch any new business. This already busy and vibrant location will be further bolstered by the large residential development schemes due to commence shortly nearby. In addition there is a main bus stop directly outside and 39 new build flats above which when fully occupied will house over 100 people.
Our clients have advised that they are flexible with various business start-ups subject to relevant planning permissions being obtained from the local council.
INTERNAL
Currently the premises is split into 3 self contained units which as stated above could be reconfigured, however the current format is as follows:
Unit 1
849 Sq/Ft (78.8 Sq/M) - £22,000 Annual Rent
Unit 2
1,348 Sq/Ft (125.2 Sq/M) - £33,000 Annual Rent
Unit 3
1,038 Sq/Ft (96.4 Sq/M) - £25,000 Annual Rent
TENURE DETAILS
New leases will be available which will be inside the act and renewable at the end of their term. The length of the leases are negotiable, however will be subject to a formal rent review pattern of every 4 years.
We have also been advised by our client that subject to covenant strength and terms being offered by applicants they may provide lease incentives. | | | | | | FOR SALE | | | | | REFERENCE: | BMA590 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
