Elizabeth House54-58 High Street Edgware HA8 7EJ

Location:   Situated on High Street close to multiple shopping and transport facilities of Edgware Town Centre, including Broadwalk Chopping Centre and Edgware Underground Station ( Northern Line).

Description:  A rare opportunity to purchase a virtual freehold ( Approx 995 years unexpired term), office suite on the ground floor of this well located office block.

The unit comprises a large main office, meeting room, 2 partner’s offices, kitchen, approx. 1,000 sqft and air conditioning(cooling). The space can be divided to provide 4 workspace rooms and shared kitchen/meeting room. See attached plan,  Such  permission may be subject to freeholders’ consent and fire regulation permission.

Common part WC’s to each floor. Three parking spaces included.

Floor plan available.

An early viewing is strongly advised.

TERMS:

Price:                              £249,950 Plus VAT Subject to Contract

Rental:                           £20,000 pax plus VAT exclusive of business rates, service charge and other utility costs.

Lease:                             A new Lease for a term to be agreed.

Virtual Freehold:      Approx 995 years unexpired at a peppercorn ground rent.

VAT:                               The property is elected for VAT, therefore applicable on all rents.

Service Charge:          Approx £7,000pa plus VAT.

Business Rates:          Rateable Value for 2025/26 is currently £25,000 pa

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

EPC:                               D Rating (88) valid until 25/09/29

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