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£335,000

High Road, London, N2

  • 0 beds
Other
Under offer/SSTC

£335,000

  • 0 beds
Other
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£1,529 per month

Minimum deposit amount:

£16,750
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A rarely available Freehold shop premises with flat above (flat sold off on a long lease).

The shop has been fitted out to a high standard by the current tenant and is a short walk from East Finchley Underground, conveniently situated located in the heart of East Finchley's High Road.

This retail shop is currently trading as a Dry Cleaners and Launderette. It is a well-established business operating for over 20 years. This commercial ground floor property benefits from 'E' use class and is predominantly open plan, it also consists of a basement, kitchenette, external w/c and rear access to a yard.

The ground floor comes with:
FRI Lease
Rental £20 000pa ,
Lease period 15yrs, Inside the Landlords and tenants act of 1954
Start date 12 March 2022
Rent review every 5 years upwards only
Lease Tenure includes yard in the rear.

Lease Start 16/4/2018 20yr lease
20 000 from & Incl 25th March 2023
21 000 from & Incl 25th March 2024
22 000 from & Incl 25th March 2026
23 000 from & Incl 25th March 2027


Upperparts has been sold off on a 158 year long leasehold from March 2010.

Provides a net internal area of 78,.3M2 (843SQ FT).
Total ground floor shop area of 60.7 SQ.M (653 SQ.FT) approx.


This unit is within close proximity to East Finchley (Northern Line) Underground Tube Station, and benefits from ease of access to surrounding areas such as Finchley Central and Muswell Hill as well as the A1 Archway Road and The Bishops Avenue for access to Highgate, Hampstead, Archway and Holloway



Location:   -

- Based in a mixed use parade with multiple retailers and sole traders.
- Within close proximity to East Finchley (Northern Line) underground station.
- Within easy access of Muswell Hill, Hampstead, Highgate, Archway, Finchley and surrounding areas.

Local High Street:

Multiple retailers such as Costa Coffee, Café Nero, William Hill, Budgens, Iceland's, Subway, NatWest Bank and KFC are also present on the High Road along with a number of smaller boutique style outlets.

Price £335,000. PAX   

Conditions:   

Each parties to be responsible for their own legal costs.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.   Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
- These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. - These details do not constitute any part of an offer or contract. - All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
- All rent prices, fees and charges are quoted exclusive of VAT.
- 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.

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Property details

£335,000

property for sale

High Road, London, N2
A rarely available Freehold shop premises with flat above (flat sold off on a long lease).

The shop has been fitted out to a high standard by the current tenant and is a short walk from East Finchley Underground, conveniently situated located in the heart of East Finchley's High Road.

This retail shop is currently trading as a Dry Cleaners and Launderette. It is a well-established business operating for over 20 years. This commercial ground floor property benefits from 'E' use class and is predominantly open plan, it also consists of a basement, kitchenette, external w/c and rear access to a yard.

The ground floor comes with:
FRI Lease
Rental £20 000pa ,
Lease period 15yrs, Inside the Landlords and tenants act of 1954
Start date 12 March 2022
Rent review every 5 years upwards only
Lease Tenure includes yard in the rear.

Lease Start 16/4/2018 20yr lease
20 000 from & Incl 25th March 2023
21 000 from & Incl 25th March 2024
22 000 from & Incl 25th March 2026
23 000 from & Incl 25th March 2027


Upperparts has been sold off on a 158 year long leasehold from March 2010.

Provides a net internal area of 78,.3M2 (843SQ FT).
Total ground floor shop area of 60.7 SQ.M (653 SQ.FT) approx.


This unit is within close proximity to East Finchley (Northern Line) Underground Tube Station, and benefits from ease of access to surrounding areas such as Finchley Central and Muswell Hill as well as the A1 Archway Road and The Bishops Avenue for access to Highgate, Hampstead, Archway and Holloway



Location:   -

- Based in a mixed use parade with multiple retailers and sole traders.
- Within close proximity to East Finchley (Northern Line) underground station.
- Within easy access of Muswell Hill, Hampstead, Highgate, Archway, Finchley and surrounding areas.

Local High Street:

Multiple retailers such as Costa Coffee, Café Nero, William Hill, Budgens, Iceland's, Subway, NatWest Bank and KFC are also present on the High Road along with a number of smaller boutique style outlets.

Price £335,000. PAX   

Conditions:   

Each parties to be responsible for their own legal costs.

Viewing:

Strictly via the owner's agent, MARTYN GERRARD COMMERCIAL DEPARTMENT.   Please contact a member of our commercial team on 020 8444 3445.

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
- These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. - These details do not constitute any part of an offer or contract. - All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
- All rent prices, fees and charges are quoted exclusive of VAT.
- 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.