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TENANT FEES - NEW ASSURED SHORTHOLD TENANCIES (AST's) SIGNED ON OR AFTER 1 JUNE 2019
Reservation Fee - One week's rent.
Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000
Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.
Lost Keys - Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required.
Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher).
Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the surrender of the tenancy and the re-letting the property

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Free Market Appraisal

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Let Must be seen £65,000 pa

Pentonville Road, Islington, N1 - Must be seen £65,000 pa

This is a great opportunity to acquire an A3 restaurant on a busy parade in Kings Cross. The area is characterised by very good footfall. The restaurant is located a stone's throw away from Kings Cross St Pancras International Station. The property benefits from over 2,000 Sq Ft of floor space, high ceiling, large kitchen with all equipments including cold room & Pizza oven, staff changing area, management office, well presented seating area (80 covers) and rear entrance for loading/unloading.

Tenure:
Leasehold - £65,000 per annum.
Rates- £32,000 per annum.
We are advised by the client that there is 7 years remaining on the lease and can be extended.
Premium - our client seeks a premium of £235,000 for benefit of good will and fixtures and fittings.

Features
- Located a stone's throw away from Kings Cross St Pancras International Station.
- Situated on busy main road
- Rear entrance for loading/unloading
- High ceiling
- Large kitchen
- Large Shop front


Viewings:
By Prior Appointment
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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