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, only 150m from Southgate London Underground Station (Piccadilly Line) and just south of Southgate Circus and bus terminus. Travel time to Central London on public transport takes approximately 25 minutes.
Local occupiers include Nandos, Tesco, Boots, Pure Gym, Richer Sounds, Barclays, Costa Coffee, McDonalds, KFC, Greggs, Harris & Hoole, as well as many other established independent retailers, restaurants, bars & public houses.
The property comprises a ground floor commercial unit, previously occupied by a nursery school operator, which has a gross internal area of circa 480 sq.m (5,166 sq.ft).
The current configuration of the property provides for a number of class / office rooms, store, staff room, kitchen, separate adult and children WCs and reception area. There are 2 personnel entrances to the front elevation and 2 at the rear of the property. The space benefits from suspended ceilings, fire alarm system, central heating and intercom entry system.
Externally, there are 8 allocated parking spaces to the rear elevation, accessed via electronically operated gates into the rear car park. There is a shared fenced and gated playground of circa 1,200 sq.ft to the rear of the external car park but it may be possible to give the incoming tenant exclusive use of this during business hours.
The property may be suitable for a number of alternative uses subject to obtaining the necessary planning consent.
A new lease available on flexible terms to be agreed.
£90,000 per annum
£187.50 per sq.m. /17.42 per sq.ft.
Local authority: London Borough of Enfield