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Retail Unit, 5 Hoop Lane, Golders Green, NW11 3PR

326 Sq Ft / Retail / General Retail

For Sale - £45,000.00

To Let - £7,000.00 per annum

Available - Last updated: 04 April 2025

Comprises a lock up shop benefiting from electric shutters, laminate flooring, kitchenette, wc and alarm.

Location

The shop is situated close to the busy junction of Golders Green Road which serves this high-class residential surround. Golders Green Underground Station (Northern Line) is within easy reach.

Accommodation

Frontage - 10’2
Total ground floor area - 326 sq ft approx

Terms

LEASE - Held on a full repairing and insuring lease for a term expiring on 29 September 2035 without any further rent reviews.
 
RENT -
29 September 2020 – 28 September 2025: £6,250 per annum exclusive.
29 September 2025 – 28 September 2030: £7,000 per annum exclusive.
29 September 2030 – 29 September 2035: £8,000 per annum exclusive.
 
PREMIUM - £45,000 for the benefit of the unexpired leasehold interest.
 
RATES - Obtained from the www.voa.gov.uk website the rateable value for 2025/2026 is £5,900 and currently will receive 100% relief under the Small Business Rates scheme. Interested parties should confirm annual rates payable with the Rating Authority.
 
EPC - E.
 
LEGAL COSTS - Each party to be responsible for their own costs incurred.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Lease For Sale For Sale Leasehold £45,000.00 NA
Shop of 326 sq ft in Golders Green NW11 To Let £7,000.00 per annum

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Agency Team

Michael Berman & Co

020 3151 2953

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