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 north side of Chase Side (A111), approximately 150 metres west of Southgate Circus, bus terminus and London Underground Station (Piccadilly Line). 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, Greggs, William Hill, Ladbrokes, Betfred, Paddy Power as well as many other established independent retailers, restaurants, bars & public houses.
The property is a large A1 retail showroom, offering excellent prominence and display facilities.
The property is predominantly open plan in layout; arranged as two showrooms (one at ground floor level and the other at first floor), with a partitioned administrative office, WC facilities and kitchen.
There are two allocated parking spaces and access for loading situated at the rear of the property, accessed via a service road off Chase Side.
A new full repairing and insuring lease on terms to be agreed. Our client will give consideration to proposals on the ground floor in isolation or on the ground floor and first floor combined.
Rent: £44,500 to £55,000 per annum (approx. £3,708 to £4,583 monthly) £180.56 per sq.m. / £16.78 per sq.ft.
Premium: N/A
Rateable value: £32,250
Estimated Rates Payable: £15,480 per annum
Service charge: N/A
Local authority: London Borough of Enfield