Studio Property for Sale in Holborn

Claybury Estates have pleasure in offering this lock up shop trading as a Newsagent situated in Holborn. The premises has a 350 sq ft Trading Area and a 400 sq ft Basement it has the potential to expand subject to obtaining relevant permission.

Tenure
The property property is being offered on a renewable FRI lease with 5 years remaining at a current rental of £8,600 per annum. The rent reviews are every three years the next rent review is 2008.
Rates
The rates payable are £2,700 per annum. Interested parties are advised to make their own enquires with the local authority.
Trading Details
The opening timings are 7.00 a.m to 6.00 p.m Monday to Friday,
7.00 a.m. to 4.30 p.m. on Saturday and 8.00 a.m. to 1.00 p.m. on Sunday.
The trading area is 350 sq.ft.
The weekly takings are £3700 per week.
S.A.V approximately £5000
400 sq ft Basement
Viewings
Viewings are strictly by appointment only. Please call the office on 0208 5977789 to book more viewings.
Misrepresentation Act 1967
ERA Claybury Estates for themselves and for the Vendors or Lessors of this property whose agents they are give notice that: 1. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 2. Any services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation. 3 These particulars are produced in good faith and set out as a general guide only and do not constitute part of any offer or contract. 4. No person in the employment of ERA Claybury Estates has any authority to make or give representation or warranty whatever in relation to this property.

Newsagents, Holborn, Rent £8,600 PA, Rates £2,700 PA, W/Takes £3,700. Price £42,000 L/H