Southgate is an affluent north London residential suburb lying around 7 miles north of Central London. Junction 24 of the M25 is approximately 4 miles to the north and the A406 North Circular Road is approximately 1.5 miles to the south.
The property is situated in the heart of Southgate on the south side of Chase Side (A111), in proximity to Southgate London Underground Station (Piccadilly Line), just west of Southgate Circus and bus terminus. Travel time to Central London on public transport takes approximately 25 minutes.
Nearby occupiers include; Marks & Spencer, Bathstore, Asda, WH Smiths, The Carphone Warehouse, Tesco, Boots, Harris & Hoole, Richer Sounds, Barclays, Woolwich, Natwest, Abbey, Nationwide, Bank of Cyprus, The Money Shop, LA Fitness, Pizza Express, Wilton Patisseries, Costa Coffee, McDonalds, KFC, Wimpy, Greggs, William Hill, Ladbrokes, Betfred as well as many other established independent retailers, restaurants, bars & public houses.
The property comprises the first, second and third floors of this imposing four storey mixed retail / office property within Southgate town centre. The first and third floors are newly refurbished.
New fully repairing and insuring leases on terms to be agreed.
Rent: £42,500 to £125,000 per annum (approx. £3,542 to £10,417 monthly) £116.33 per sq.m. / £10.81 per sq.ft.
Premium: Nil
Rateable value: £154,400
Estimated Rates Payable: £76,119 per annum
Service charge: Service charge is approximately £3 per square foot
Local authority: London Borough of Enfield