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Prime Location A1 Retail Shop Lease For Sale
The property is situated on the High Road, close to its junction with Alexandra Road & a few shops away from Wood Green Shopping Centre. Occupiers in the immediate vicinity include McDonald’s, JD Sports, Holland & Barrett, Clarks, Halifax and Barclays, therefore providing excellent passing trade. Turnpike Lane Underground Station (Piccadilly Line) is within a couple of minutes’ walk. Numerous buses also serve the area.
The premises comprise an A1 retail unit on ground floor.
AREAS (ALL MEASUREMENTS ARE APPROXIMATE)
Ground Floor: 705 Sq. Ft (65.5 Sq. M)
Assignment of a Full Repairing and Insuring Lease granted in May 2014 for a term of 10 years subject to a 5 yearly rent review.
The Lease is inside the Landlord and Tenant Act 1954.
£60,000 per annum exclusive
£35,000 for the benefit of the Lease
We have been advised that the current business rates payable are £28,000 per annum. However, interested parties are advised to make their own enquiries to the local authority.
Available upon request.
Each party to bear their own legal costs
Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
COMMERCIAL LEASE CODE
Christo & Co have advised their clients about The Code for Leasing Business Premises in England and Wales 2007. The code strongly recommends seeking professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The code is available via the website www.leasingbusinesspremises.co.uk
Strictly by prior appointment through SOLE Agents as above.
SUBJECT TO CONTRACT
NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: January 2018.
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