Property description
We are pleased to market for sale the lease of this well established running business in the heart of Kings Cross below a busy Hotel with huge potential.
Business Description
An ultra modern Convenience Store & Off Licence on the ground floor of the 218 bedroom Hotel at Kings Cross London WC1. In approx 860 sq.ft. Only 5 minutes walk from St Pancras International Eurostar terminal. Ground floor in a total of some 860 sq.ft. the majority of which is given over to retail space. To the rear a store with an enclosed WC and kitchen facilities.
Location Details:
Located just 300 meters from Kings Cross and St Pancras Stations, with International Services, National Rail to the North and Scotland and a number of London Underground Train services. Nearby attractions include British Library, British Museum and Camden Market. The famous shopping and entertainment areas of Oxford Street, Regent Street and Piccadilly are just 10 minutes away by tube. London Travelcard Zone 1. 5 minutes walk from St Pancras International Eurostar terminal.
Premium: £88,000.00
Lease term: 23 years with an open lease
Rent: £39,000.00 per annum
Business Rates: £8,000.00 per annum
Weekly taking : £10,000 - £12,000
Every 5 Years Rent Review
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.