The property is situated within the established Brunswick Industrial Park, a trade counter destination home to occupiers such as Selco Builders Merchants, Toolstation, Screwfix, Benchmarkx Kitchens, Howdens, Brunswick Garage and a number of other trade counters, wholesalers, distributers and industrial occupiers.
New Southgate is a residential suburb lying approximately 8 miles north of central London. The property is situated within the heart of North London and is strategically positioned to provide excellent access to the North Circular Road just 0.5 miles to the south. The M25 and M1 are within 5 miles to the north and west respectively and the M11 less than 10 miles to the east, all of which provide excellent communication links with Greater London and to the north.
Arnos Grove London Underground Station (Piccadilly Line) lies 0.5 miles (0.8km) to the south-east, with a regular services to central London. New Southgate Rail Station is also situated 0.5 miles (0.8km) from the subject property and provides regular services to Moorgate Station (travel time circa 28 minutes) and Finsbury Park Station (travel time circa 8 minutes).
The property is of modern concrete portal frame construction, which has planning permission for use classes E (formerly B1c), B2 and B8. Aside from the warehousing space, the unit has been fitted out to provide a large ground floor showroom, a large first floor showroom, office accommodation, kitchens and WC facilities.
The property benefits from a 5.5 metre eaves height, rising to 6.9m apex, three phase electricity, full height electrically operated loading door and parking for 6-8 cars, as well as excellent loading access.
The unit is currently occupied by a furniture trade counter operator.
New lease available on terms to be agreed.
The property is elected VAT and will therefore be payable on the rent and other relevant payments.
By prior appointment with Gilmartin Ley, telephone 020 8882 0111.
£120,000 per annum
£135.44 per sq.m. /12.58 per sq.ft.
A service charge is payable in respect of the maintenance ofthe estate. The contribution from the subject property is estimated to be approximately £2,400.23 for the year to March 2021.
Local authority: London Borough of Barnet
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