123 KINGS CROSS ROAD - Rent Free Period Available

Location
Kings Cross Road is an excellent flourishing retail destination, with a substantial residential population, and links Pentonville Road with Farringdon Road. This shop unit is prominently located along the parade between Swinton Street and Acton Street.

Nearby premises which provide potential for trade are the Travelodge which is opposite, Holiday Inn Hotel, and various other cafes and restaurants further along the parade.

The property is within close proximity to Kings Cross St Pancras station (British Rail, Northern, Victoria, Circle, Hammersmith & City and Metropolitan lines) with numerous buses also serving the area. The area is also set to benefit from the opening of the Eurostar Link from Kings Cross St. Pancras in November 2007, which will bring many businesses and retailers into the locality.

Description
The shop is in good decorative order, and comprises of ground floor and basement accommodation.
We have measured the premises on a gross internal area, as follows:

Frontage 13 ft / 4 m

Ground floor 350.50 sq ft / 32.56 sq m
Basement 411.50 sq ft / 38.23 sq m
TOTAL 762 sq ft / 70.79 sq m

Includes toilet on half landing and in basement includes vaults under the pavement.

User
Currently this unit has A1/A2 retail and B1 office use, was formerly let to Ladbrokes, and is suitable for retail, office or professional use.

Lease
A new FRI lease direct from the landlord, for a term by negotiation, to be contracted within the security of tenure provisions of the Landlord & Tenant Act 1954, part II as amended, and subject to 5 yearly upwards only rent reviews.

Rent
£15,000 per annum excluding business rates, insurance and all other outgoings.

Business rates
Rateable Value: £8,200
UBR: 0.444
Rates Payable: £3,641 for 07/08

Interested parties should not rely on this information, and are advised to make their own enquiries with London Borough of Camden Business Rates Billing Dept (020-7974 6460).

Insurance
Landlord insures and recovers premium from tenant

Legal costs
Both parties’ legal costs to be borne by the ingoing tenant

Viewing
Through landlord’s sole agents, Brecker Grossmith:

Contact details

• Email: aron@breckergrossmith.co.uk
• Phone: 020 7908 2675

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