The subject property is located 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, Royal Floors, 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, Dry Cleaners and a beauty salon.
The property comprises two adjoining retail units with the benefit of A1 and A2 Use. The main shop / office is arranged over ground floor and basement with an adjoining ground floor self-contained half-shop unit. The premises were last occupied by an estate agency and a firm of solicitors.
18 Bush Hill Parade
The accommodation includes a ground floor main office with rear kitchen and staircase leading to the basement storage. The basement stair lobby leads to separate male and female toilet cubicles. The main basement provides dry storage with headroom of approximately seven feet. There is rear vehicular access to the basement store and a concrete paved rear yard area for car parking.
18A Bush Hill Parade
The accommodation comprises a self-contained half shop with arcade display window, with small front and rear offices. There is a rear kitchenette / lobby, which leads to the toilet cubicle.
New leases on full repairing and insuring terms. The rents are as follows No.18a £7,500 per annum, No.18 £18,000 per annum and combined £23,500 per annum exclusive. N.B. the combined business rates payable is estimated at £3,173 per annum.
Rent: £7,500 to £23,500 per annum (approx. £625 to £1,958 monthly) £176.10 per sq.m. / £16.36 per sq.ft.
Premium: Nil
Service charge: Not applicable
Local authority: London Borough of Enfield