Retail premises to let

11 Portpool Lane, London EC1N

The property is situated on corner of Portpool
Lane and Leather Lane, occupying a prominent
position.
The ever popular Leather Lane street market
provides excellent footfall and Farringdon and
Chancery Lane stations are within a five minute
walk.

The property comprises a retail shop and
basement. The property has been well fitted out
as an upmarket hairdressing salon on ground floor
with beauty rooms and nail station in the
basement. There is also a kitchenette, utility
room and WC in the basement.

A new 8 year lease, to be granted within the
Landlord & Tenant Act, is available direct from the
Freeholder, London Borough of Camden.

The existing Tenant’s lease will be surrendered
simultaneously.
Premium


£50,000.
Rates


We understand business rates payable are
approx. £5,489 per annum, however parties that
qualify for small business rates relief would not
pay any business rates, the rateable value of the
property being under £12,000. Interested parties
are advised to verify this.
VAT


The building is not elected for VAT.