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Retail Unit In North London For Sale

North London, London, UK
Asking Price:
£40,000
Turnover:
Not applicable
Net Profit:
Not applicable

An opportunity to acquire the lease of a substantial ground floor commercial unit suitable for a variety of Class E uses including retail, office, medical, professional services, leisure, fitness and other uses subject to the necessary consents.

The premises extend to approximately 1,699 sq ft and are currently fitted to a good standard, providing open-plan trading space with ancillary accommodation.

LOCATION

The property occupies a prominent position on a busy and established North London High Street, benefiting from excellent visibility, strong pedestrian footfall and a diverse mix of national and independent occupiers. The surrounding area is densely populated and well served by public transport.

ACCOMMODATION

Ground Floor Commercial Unit: Approx. 1,699 Sq Ft

LEASE

A lease for a term of 6 years commencing June 2025.

RENT

£44,400 per annum plus VAT.

BUSINESS RATES

Rateable Value: £42,750

Interested parties are advised to make their own enquiries with the local authority regarding the exact rates payable. Current liability is approximately £21,000 per annum.

KEY FEATURES

  • Prime North London High Street Location
  • Ground Floor Class E Commercial Unit
  • Approx. 1,699 Sq Ft
  • Suitable for a Variety of Uses
  • Strong Footfall and Passing Trade
  • Established Commercial Parade
  • Lease Until June 2031
  • Excellent Transport Links
  • Ideal for Retail, Medical, Office or Leisure Uses

VIEWINGS

Strictly by appointment only through Onyxo Real Estate.

Please note that proof of funds and identification may be required prior to arranging a viewing.

Property Information

Property:

Leasehold