Comprises two lock up shops which currently interlink, together with one on site car parking space per shop. The shop/s are available as a whole or as two separate units.
Location
The premises are well located in an established retail pitch, between Nether Street and Albert Place and being virtually opposite Finchley Central Underground Station. Multiples close by include Tesco Superstore, Greggs,
William Hill, Costa Coffee, Bet Fred and Dreams.
Accommodation
17 Ballards Lane
Gross Frontage - 17'
Internal Width - 16' 6
Depth - 53' 5
Ground Floor Area - 881 sq ft
19 Ballards Lane
Gross Frontage - 35' 1
Return Frontage - 17' 9
Internal Width - 34' 3
Depth - 42' 9
Ground Floor Area - 1,522 sq ft
TOTAL - 2,403 sq ft
Terms
LEASE - A new full repairing and insuring lease/s to be granted for a term by arrangement subject to a mutual option to break after 4 years. The parties are to contract out of the Landlord & Tenant Acr 1954.
RENT - 17 Ballards Lane: £32,500 per annum exclusive plus VAT; 19 Ballards Lane: £50,000 per annum exclusive plus VAT.
RATES - Obtained from the www.voa.gov.uk website the premises has a single rateable value of £76,500 and the rates payable for 2023/24 would therefore be £38,173 per annum. There is a 75% rates relief for retail, hospitality and leisure use for 2024/25. Interested parties should confirm annual rates payable with the Rating Authority.
SERVICE CHARGE - For both shops, £4,800 per annum plus VAT which includes building insurance.
EPC - 17 Ballards Lane: C; 19 Ballards Lane: Awaiting
LEGAL COSTS - Each party to be responsible for their own costs incurred.