Newsagents/convenience store offers good sized frontage. The mid terrace ground floor lock-up retail unit with store room, kitchenette & WC and would suit a new or existing operator. The interior of the property offers a high specification design and layout and and benefits from a range of storage shelves, large sales counter with cigarette kiosk, open front drinks refrigerators, magazine shelving, confectionary shelving, and greeting cards.
Location
The premises are prominently located on a enviable trading position on Bell Lane in Hendon & just round the corner from Hendon School.
Accommodation
Approximately 904 sq ft
Terms
Uses: A1/A2
Premium: £85,000 for the benefit of the lease, fixtures & fittings.
Rental: £19,950 per annum
Terms: Existing lease is until November 2019 & the freeholder will issue a new lease.
Business Rates: We have been advised by the client that the current rates payable are £5,300 per year. However, all interested parties are encouraged to make their own enquiries with Barnet Council.
Opening Hours: Monday till Saturday 6:00 a.m - 7:00 p.m & Sunday 6:00 a.m - 4:00 p.m
Staff: Family run
Turnover: Current turnover in excess of £286,000 per annum. not including Lottery & Bus Pass commission.
Accounts: Available on request
Legal Costs: To be confirmed
Local Authority: Barnet
Energy Performance Certificate: Energy Performance Asset Rating is 74 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.
Reference Charge: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
Holding Deposit: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account.
Fixtures & Fittings: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.