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Refundable Holding deposit Capped at 1 weeks rent
Security Deposit Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
Rent The agreed monthly rent
Changes to tenancy Capped at £50 inc VAT
Early termination charge Not exceeding the landlord’s financial losses
Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keys Reasonable costs or give the tenant the option to purchase themselves.
Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership details TBC
Property Redress Scheme  Membership details TBC

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Free Market Appraisal

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Let £40,000 pa

City Road, Islington, EC1V - £40,000 pa

This property is located on City Road in Between Angel and Old Street underground stations. The shop is serviced by numerous bus routes whilst also being within walking distance from both tube stops. The area has seen huge development over the past years with the Lexicon, Eagle and Canaletto buildings completing and also 250 City Road and the Atlas schemes estimated to be finished within the next 2 years. This has massively increased the housing density of the area as well as changing the demographic to being more affluent house buyers.

The property consists of 1,760 sq.ft of commercial space split over the ground floor and basement. The ground floor is currently being used as a restaurant (A3 use) and the basement is being used as a bar/club (A4 use) with an 11pm licence Sunday to Wednesday and 12till12 alcohol licence Thurs-Sat. The restaurant has a fully fitted kitchen with extraction and an outdoor seating area for customers to t ...Read More

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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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