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Hoxton Street, Hoxton, N1 To Rent - £26,700 pa

Shop To Rent in Hoxton - £26,700 pa

Excellent opportunity to acquire two successful business's Hoxton News & Off License and Hallmark (A1), located on vibrant Hoxton Street which hosts a regular street market.
The shops form part of one head lease and comprise ground floor retail space, measuring close to 1600 sq ft combined. Aditionally each shop comes with two rear parking spaces.
The business's are both established and successful in their own right, with regular clientele and heavy footfall from passersby. We have been advised by our client that turnover of each business is;

Hallmark - £70,000 per annum
Hoxton News - £10,000 per week

Rates payable (combined) - £11,000 per annum

Premium offers of £125,000 will be considered. All stock held at the time will be valued and negotiated separately.

Lease - 12 year renewable lease

Hoxton Street is located just north of Vibrant Shoredicth where you would expect rents to double in price, Hoxton and Old Street Stations are only a short walk away. Other local retailers include Iceland, Percy Ingles, Post Office and Paper Johns.

Click below for larger image

Floor Plan 1

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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