Shenley Road, Borehamwood WD6

  Ref 024251    

Shenley Road, Borehamwood WD6

Ref 024251

  • £16,000 pa  

    To Let

    £16,000 pa  

    To Let

  • Description

    Ground floor A1/A3 or A5 premises with storage/ancillary areas plus a kitchen and W.C. The premises benefits from consent for external seating on the Cardinal Avenue frontage.

    Gallery

    Areas

    The shop benefits from a bold duel window frontage and the following approximate dimensions and floor areas:

    Frontage to Shenley Road 18’
    Return Frontage to Cardinal Avenue 12’
    Shop/Built Depth 46’
    Ground Floor Shop 800 sq. ft.
    Rear Storage/wc facilities

    Lease

    Option 1
    Available on an existing full repairing and insuring lease expiring March 2029 at a current rent of £16,000 pa exclusive rising to £18,000 pa exclusive in March 2021 (fixed uplift) and 5 yearly rent reviews thereafter.

    Option 2
    Alternatively available on a sub-lease for a term concurrent with the head lease at a commencing rent of £40,000 pa, fixed until the lease expiry. On this basis the premium payable will be nominal ( Details upon application).

    Offers are invited for the benefit of the residual lease, the right to renew the lease, the low passing rent and the valuable A1/A3/A5 planning consents.

    Location

    Situated in a prominent position at the junction of Shenley Road and Cardinal Avenue. The property is located opposite Greggs, Iceland and Savers. The premises are served by a service road to the front offering free short-term parking.

    Book a viewing

    To Let

    £16,000 pa