Retail premises to let

Chapel Market, London N1

Chapel Market, London N1

Hairdresser/retail shop in busy location - lock-up shop arranged over ground floor and basement with good natural light from the rear of the ground floor. The premises are currently operating as a hairdresser and beauty business, but suitable for a variety of other trades such as retail, office etc.

We are offering the premises with full fixtures and fittings as a hairdressers with premium, or as an empty shop without premium.

Areas:

Raised Ground floor 5.34m x 4.22m 22.53 sq m (242.49 sq ft)

Ground floor 7.15m x 5.02m 35.89 sq m (386.28 sq ft)

Total ground floor area 628 sq ft (58.42 sq m)

Basement

Treatment room 1 3.75m x 2.39m 8.96 sq m (96.46 sq ft)

Room 2 3.15m x 3.90m 12.28 sq m (132.22 sq ft)

Kitchen & WC

Total basement area 29.20 sq m (314 sq ft)

Total area 87.51 sq m (942 sq ft)

Terms:

Available on a new full repairing and insuring lease for a term to be agreed at £35,000 p.a.

Alternatively, the long leasehold interest of the ground floor and basement is available. Held on a 100 year lease from May 1992 at a peppercorn ground rent. The interest is available for offers in excess of £500,000 (approximately 67 years remaining).

Premium: £20,000 sought for the fixtures, fittings and equipment or nil premium* as an empty shop (*6 month rent deposit required for this option).