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LOCATED IN AN ESTABLISHED RESIDENTIAL DISTRICT OF HOLLOWAY. WITHIN CLOSE PROXMITY TO ODEON CINEMA. The property is located on the northern side of Holloway Road, situated underneath AXO, a student accommodation development comprising 149 flats. The area is well connected with Archway and Holloway underground station being within a 10 minute walk. Nearby occupiers include The Odeon Luxe Cinema, Sainsbury’s local, Pure Gym, B&Q City and several independent retailers and eateries.
Property DetailsLEASE TERMThe property is available by way of a new effectively full repairing and insuring lease.. The lease will be contracted outside the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954.RENTOffers are sought in excess of £25,000 per annum, exclusive of rates, service charge, insurance and VAT.USEOur client will consider all uses with the new “Class E” planning consent.RATESWe have been advised by the Local Authority that the premises are currently exempt from paying business rates until 1st April 2021. For guidance purposes the current rateable value for the property is £28,000. With rates payable (yr 20/21) of circa £13,048. Prospective tenants are advised to confirm any rating liability directly with the Local Authority.LEGAL COSTSEach party is to be responsible for their own professional costs incurred in the transaction.EPCAn EPC is available upon request.
556 Holloway Road,