High Street Barnet EN5 5RU

HIGH STREET BARNET EN5 5RU

Lease Assignment – 

Location:   Situated on High Street close to junction with  Meadway and Queen Elizabeth School for Girls, and within short walk to High Barnet Underground Station (Northern Line).

Description:   A ground floor retail shop with Class E use currently,  approx. 592 sqft, (55 sqm) including, kitchenette and WC, plus access to basement area. The property is in good order having been refurbished  in 2023 and benefits from and rear access and basement storage.

Available by way of lease assignment being 15 years from 21/3/2023, with 3 year rent reviews, approx. 14 years remain.

An early viewing is strongly advised.

Terms

 Rent:                                   £23,000 pax 

Premium:                          Offers sought in region of £40,000 for fixtures, fittings and goodwill.

 Lease:                                Lease assignment being 15 years from 21/3/2023, with 3 year rent reviews, approx. 14 years remain.

 Business Rates:              Rateable Value for period 2024/25 is £14,500pa

All interested parties should make their own enquiries either via London Borough of Barnet  or via www.voa.gov.uk.

EPC:                                     D rating (87) valid until 10/7/29

Legal Costs:                      Each party to be responsible for their own legal costs.

Anti-Money Laundering:    In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.

Viewing:                             Strictly by appointment only through owners agents Grovelands  020 8731 9777 www.grovelands.net