Southgate is an attractive and 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 a prime trading position on the north side of Chase Side (A111), in proximity to Southgate London Underground Station (Piccadilly Line), just west of Southgage Circus and bus terminus. Travel time to Central London on the underground is approximately 25 minutes.
Nearby occupiers include; J D Wetherspoon, Pizza Express, Nationwide Building Society, Cancer Research UK, Halifax Bank, Boots, KFC, Greggs and McDonalds, as well as many other established independent retailers, restaurants, bars and public houses.
Substantial ground floor retail unit with aluminium framed & glazed shop front and suspended ceiling with inset strip lighting.
Externally - Rear loading access and three car parking spaces
Assignment of a full repairing and insuring lease for a term of 10 years from 20th October 2006 with a rent review October 2011. New lease available on application.
Rent: £52,000 per annum (approx. £4,333 monthly) £203.92 per sq.m. / £18.95 per sq.ft.
Premium: £0
Rateable value: £46,500
Estimated Rates Payable: £22,320 per annum
Local authority: London Borough of Enfield