Wiseman
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More about this property

A perfect opportunity to acquire this prominent corner retail unit, situated within close proximity of Kings Cross St Pancras station.

Located towards the southern end of Caledonian road (A5203) on the junction of Killick Street & being within a 2 minute walk from King's Cross, St Pancras International & King's Cross St Pancras International Station stations.

This building is comprised of an E Class situated over ground & basement levels.
Currently operating as a hair salon. On the ground floor a spacious 'L' shaped room, with several work stations & a kitchenette.
On the lower ground floor, comprises; one main space with 4 stations, two rooms (one currently being used for beauty), kitchenette, & a WC. The property also benefits from a small courtyard to the rear.

Premium - £150,000

accommodation
Total floor area - 2293 Sq Ft / 213 m2

amenities
Refurbished to a high standard
Air Conditioning
Ground & Basement levels
Beauty room
Several work stations
WC

Kitchenette/Staff area
Highly visible location

terms
Assignment of an existing 15 years lease (granted 18th November 2021 ).

Rent reviews - £40,000pax -18th November 2024 through to 17th November 2026
£42,000pax - 18th November 2026 through to 17th November 2028

Break Clause - 18th November 2029 & 18th November 2032

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Letting Fee Information

Reservation Fee - One week's rent.

Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000

Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.

Lost Keys - Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required.

Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher).

Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the surrender of the tenancy and the re-letting the property