On the instruction of Barclays Bank
Mill Hill is a relatively affluent North London suburb. The retail location is a convenience led location with national retailers including Marks and Spencer, WHSmith, Boots and Iceland. The subject unit is close to Marks and Spencers and also Costa, Boots Optician, Caffe Fratelli and Wenzels.
Held by way of a Full Repairing and Insuring lease to 24/04/2027. There is a tenant only break clause at 24/04/2022. There is a rent review at 25/12/2023. The Landlord will grant a new lease. They will also consider a letting of the ground floor only.
Each party are to bear their own associated legal costs.
Zero payable until 1st April 2021 as a Government tax break following the Covid 19 Pandemic. Prior to that: Rateable Value £29,500 Rates payable £14,720.50
Burnt Oak (1.1 miles)
Edgware (1.2 miles)
Colindale (1.4 miles)
Mill Hill Broadway (0.1 miles)
Hendon Central (2.4 miles)
Hendon (2.4 miles)