The subject property occupies a highly visible and prominent position in Bush Hill Parade, Winchmore Hill on the east side of Village Road (A105) at the south end in proximity to the intersection of Ridge Avenue / Bush Hill Road and Church Street. The property lies within an affluent residential location.
The area is well served for communications with main bus routes available and Bush Hill Park British Rail Station is within short walking distance to the north-east.
The retailer occupiers in Bush Hill Parade include a chemist, barbers shop, convenience store, William Hill Bookmakers, fish & chip shop, Craig’s Estate Agents, Gregg’s Bakers, several small hair salons, funeral directors and Lords Builders & Decorators Merchants. The retail occupiers in Avenue Parade opposite include Euro Cafe, Costcutter Supermarket, Masala Indian Restaurant, Dominos Pizza, a dry cleaners and a beauty salon.
The property comprises a terraced shop arranged over basement and ground floors. The property includes a ground floor retail area with kitchen facilities to the rear.
The basement is accessed from the rear yard, provides basic storage with headroom of approximately 1.85m and features WC facilities.
Externally, the property benefits from a generous rear yard / parking area, upon which two large metal containers are being stored by the current tenant, leaving space for one vehicle in addition.
Assignment of 8 year lease from 28th December 2006 with a passing rent of £13,000 per annum or a new fully repairing and insuring lease on terms to be negotiated.
Rent: £13,000 per annum (approx. £1,083 monthly) £203.92 per sq.m. / £18.95 per sq.ft.
Premium: N/A
Service charge: tbc
Local authority: London Borough of Enfield