Retail premises to let

Mill Lane, London NW6

Property Features:
Comprises ground floor shop with basement
Available on a 15-year lease expiring 2038
Lease inside Landlord & Tenant Act 1954
Suitable for variety of uses (Class E)
VAT is not applicable to this property
Occupiers nearby include Post Office, Londis Supermarket, Bar, Takeaway and more.

Property Description:
Comprises mid-terrace shop t/a aesthetics and beauty, providing the following accommodation and dimensions:
Ground Floor: 32 sq m (345 sq ft)
Open plan retail, storage
Basement: 22 sq m (236 sq ft)
Ancillary
Total gia: 55 sq m (581 sq ft)

Terms:
Lease for sale, available on the following Fri terms:
Term: 15 Years from 1st February 2023 until 31st January 2038
Lease inside Landlord & Tenant Act 1954
Rent: £461.54 per week (pcm: £2,000) paid quarterly in advance
Rent Review: Every 5 years open market upward only
Break Clause: No
Deposit: £10,000 (5 months)
Premium: £35,000 inc. Fixtures and fittings

Rateable Value:
Rateable Value - £16,500 p.a.
Rates Payable - £2,050* p.a.
* Retail, hospitality and leisure business rates relief scheme 2024/2025

EPC:
The property benefits from a D Rating. Certificate and further details available on request.

Location:
Situated within short walk from West Hampstead Station providing Underground, Overground and National Rail services. Occupiers nearby include Post Office, Londis Supermarket, Bar, Takeaway and more.