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Retail Unit with Basement and Rear Yard, 760 High Road, North Finchley, N12 9QH

2,970 Sq Ft / Retail / Retail - High Street

Let - Last updated: 16 December 2021

Comprises a shop together with large basement and rear yard. The shop benefits from a suspended ceiling with recessed lighting, laminate flooring and air conditioning.
 
The basement is currently used for offices, storage, kitchen and toilets and there is a rear access to a yard which could provide parking for approximately 4 cars.

Location

The shop is situated in an excellent trading position close to the junction with Friern Park. Nearby multiples include Tesco Express, Holland & Barrett, Subway, McDonalds Caffe Nero, Starbucks and William Hill.
 
Numerous bus routes serve the High Road and the North Finchley bus terminus is within easy reach. Woodside Park Underground Station (Northern Line) is approximately 3/4 mile away.

Accommodation

Ground floor area - 1,520 sq ft approx
Basement area - 1,450 sq ft approx.
Total - 2,970 sq ft approx.

Terms

LEASE - A new full repairing and insuring lease to be granted for a term by arrangement subject to upward only rent reviews at 5 yearly intervals. The parties are to contract out of the Landlord & Tenant Act 1954 (Sections 24 – 28 inclusive).
 
RENT - £60,000 per annum exclusive.
 
RATES - Obtained from the www.voa.gov.uk website the premises has a rateable value of £54,000 and the rates payable for 2021/2022 would therefore be £27,216 per annum. Interested parties should confirm annual rates payable with the Rating Authority.
 
EPC - Awaiting.
 
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.


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