MapRetail property (high street)
Let agreed
Retail property (high street)
270 sq ft / 25 sq m
Features and description
- King's Cross Station five minutes walk away.
- Small Business Relief Scheme Applicable
- High Footfall Area
- Retail Premises to Rent
- 270 sq.ft.
- High Ceiling & Vintage Large Frontage
- Assignment
- £20 K Premium
A rarely available 270 sq. ft. retail unit holds a prime position on Marchmont Street, Bloomsbury. Presents a characterful interior with high ceilings, and a large vintage shopfront. Benefiting from excellent levels of footfall. There is also a private WC to the rear of the premises.
Situated in the heart of Bloomsbury, part of the London Borough of Camden, this retail shop enjoys a central location within a vibrant and culturally rich neighbourhood. Surrounded by historic landmarks, green spaces, and an eclectic mix of shops and eateries. King's Cross St. Pancras, Euston, and Russell Square Underground Stations are a short walk away.
Available for assignment, which expires on April 29th, 2029 at an approximate annual price of £24,480. Each year's agreed rent is as follows:
1 April 2024 to 31 March 2025 - £21,600 per annum (£1,800 per calendar month)
1 April 2025 to 31 March 2026 - £21,600 per annum (£1,800 per calendar month)
1 April 2026 to 31 March 2027 - £24,000 per annum (£2,000 per calendar month)
1 April 2027 to 31 March 2028 - £26,400 per annum (£2,200 per calendar month)
1 April 2028 to 31 March 2029 - £28,800 per annum (£2,400 per calendar month)
The landlord is open to extending the lease for up to 10 years beyond the expiration of the lease.
A £20,000 premium is being sought for the fixtures and fittings, existing stock and in respect of the rent saving.
Situated in the heart of Bloomsbury, part of the London Borough of Camden, this retail shop enjoys a central location within a vibrant and culturally rich neighbourhood. Surrounded by historic landmarks, green spaces, and an eclectic mix of shops and eateries. King's Cross St. Pancras, Euston, and Russell Square Underground Stations are a short walk away.
Available for assignment, which expires on April 29th, 2029 at an approximate annual price of £24,480. Each year's agreed rent is as follows:
1 April 2024 to 31 March 2025 - £21,600 per annum (£1,800 per calendar month)
1 April 2025 to 31 March 2026 - £21,600 per annum (£1,800 per calendar month)
1 April 2026 to 31 March 2027 - £24,000 per annum (£2,000 per calendar month)
1 April 2027 to 31 March 2028 - £26,400 per annum (£2,200 per calendar month)
1 April 2028 to 31 March 2029 - £28,800 per annum (£2,400 per calendar month)
The landlord is open to extending the lease for up to 10 years beyond the expiration of the lease.
A £20,000 premium is being sought for the fixtures and fittings, existing stock and in respect of the rent saving.
Property information from this agent
About this agent
Fyfe Mcdade was established in 2007 by Carl Schmid and Ray Smith who, after several years of working in various sectors of the property industry, decided to create an estate agency with a difference. The company name is derived from their mother’s maiden names, Fyfe & Mcdade. They had a vision of a professional estate agency, but one staffed by down to earth, friendly, like-minded people who would dispel the stereotype of the shiny suited, clipboard carrying, aggressive sales people that many people expect to encounter. Staff were instructed to always act in the best interests of their clients, but also to focus on customer service and try to develop long lasting relationships with everyone they were dealing with, be they landlord, vendor, tenant, purchaser, developer, solicitor, lender or surveyor.