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Retail Premises (A1 use), 180 Stoke Newington, Church Street, London, N16 0JL

1,493 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 21 July 2021

The premises is for the shop and residential flats above, the retail is arranged over ground floor and basement.

Location

The property is located on the north side of Stoke Newington Church Street. The street has grown as a retail destination over the last 10 years and now has a wide variety of retailers, from boutique clothing and coffee shops to estate agents and food shops.

Accommodation

Retail: 1064.1 sq. ft (98.9 sq. m)

Basement: 434.1 sq. ft (40.3 sq. m)

Residential - N/A - N/A

Total: 1498.3 Sq Ft (139.2 Sq. M)

Use Class - The unit currently has A1 Retail

Terms

The property is available by way of assignment of the existing FRI lease of 20 years starting January 2014. Current rent is set at £30,000 per annum exclusive. We are quoting a premium of £160,000 for fixtures fitting and goodwill.

The lease benefits from an income of £28,000 per annum on the residential upper parts.


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