lease available
LEASE AVAILABLE PROMINENT D1 COMMERCIAL BUILDING SITUATED CLOSE TO KINGS CROSS 760 sq ft (70.6 sq m) net internal area
245 Pentonville Road London N1 9NG
Location: The building is located on the south side of Pentonville Road, close to its junction with Kings Cross Road and in a central location within Kings Cross. The surrounding occupiers are mainly offices, shops and restaurants/bars with a large residential catchment surrounding. Kings Cross Underground and mainline stations are approximately 300 yards to the west of the subject property and numerous bus routes run along Pentonville Road.
Description: Comprises a character building on basement, ground, first and second floors. The building is currently split into several treatment rooms with 2 treatment rooms on second floor, one treatment room and kitchen on the first floor and one treatment room in the basement and a WC/sink. There is a spacious reception area on the ground floor. The rooms are tastefully decorated with wooden floors and in a reasonable state of decoration. The space benefits from good natural light and ceiling height. We understand that the current use of the space is D1 use for treatment and therapy. Accommodation:
(All measurements are approximate net internal areas)
Second Floor First Floor Ground Floor Basement
216 sq ft 221 sq ft 200 sq ft 123 sq ft ----760 sq ft
Total
(20.0 sq m) (20.5 sq m) (18.6 sq m) (11.5 sq m) (70.6 sq m)
Terms: Our client is seeking to assign their full repairing and insuring lease on the building which is for a term of 20 years from 12th April 2006 and due to expire on 11th April 2026. Rent reviews are 5 yearly with the next being due in April 2021. Passing Rental: The current passing rental is £28,000 per annum increasing to £32,500 per annum on 28th February 2018. The rental is exclusive of business rates, service charge and VAT, if applicable.
Premium: Premium offers invited in the region of £10,000 for the benefit of the lease. Business Rates: We understand the current rateable value of the property as quoted on the VOA is £10,750. All interested parties are advised to confirm the current rates payable with the local authority.
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Service Charge: To be confirmed. Legal Costs: The ingoing tenant is to be responsible for both parties costs incurred. Viewing: Strictly by prior appointment through sole agents Currell Commercial Ltd – 020 7354 5050 Beverley Hedge [email protected]
Jon Morell [email protected]
Chris Owen [email protected]
File Ref: O1502
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
245 Pentonville Road London N1 9NG
Location: The building is located on the south side of Pentonville Road, close to its junction with Kings Cross Road and in a central location within Kings Cross. The surrounding occupiers are mainly offices, shops and restaurants/bars with a large residential catchment surrounding. Kings Cross Underground and mainline stations are approximately 300 yards to the west of the subject property and numerous bus routes run along Pentonville Road.
Description: Comprises a character building on basement, ground, first and second floors. The building is currently split into several treatment rooms with 2 treatment rooms on second floor, one treatment room and kitchen on the first floor and one treatment room in the basement and a WC/sink. There is a spacious reception area on the ground floor. The rooms are tastefully decorated with wooden floors and in a reasonable state of decoration. The space benefits from good natural light and ceiling height. We understand that the current use of the space is D1 use for treatment and therapy. Accommodation:
(All measurements are approximate net internal areas)
Second Floor First Floor Ground Floor Basement
216 sq ft 221 sq ft 200 sq ft 123 sq ft ----760 sq ft
Total
(20.0 sq m) (20.5 sq m) (18.6 sq m) (11.5 sq m) (70.6 sq m)
Terms: Our client is seeking to assign their full repairing and insuring lease on the building which is for a term of 20 years from 12th April 2006 and due to expire on 11th April 2026. Rent reviews are 5 yearly with the next being due in April 2021. Passing Rental: The current passing rental is £28,000 per annum increasing to £32,500 per annum on 28th February 2018. The rental is exclusive of business rates, service charge and VAT, if applicable.
Premium: Premium offers invited in the region of £10,000 for the benefit of the lease. Business Rates: We understand the current rateable value of the property as quoted on the VOA is £10,750. All interested parties are advised to confirm the current rates payable with the local authority.
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Service Charge: To be confirmed. Legal Costs: The ingoing tenant is to be responsible for both parties costs incurred. Viewing: Strictly by prior appointment through sole agents Currell Commercial Ltd – 020 7354 5050 Beverley Hedge [email protected]
Jon Morell [email protected]
Chris Owen [email protected]
File Ref: O1502
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
