Retail Unit Lease for Sale in North London High Street - 1,699 sq ft Class E Space
Undisclosed, London
- Status
FOR SALE
- Advert ID
653252
- Reference
MATON53 / Rightbiz
- Call Agent:
- Leasehold: £40,000
- Rent: £44,400 (£3,700 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Bicycle business opportunities
- Prime location with foot traffic
- Sole provider with no competition
Business Details
Commercial Retail Unit Lease for SALE (Class E) in a busy North London High Street
An opportunity to acquire the lease of a substantial ground floor commercial unit suitable for a variety of Class E uses including retail, office, medical, professional services, leisure, fitness and other uses subject to the necessary consents.
The premises extend to approximately 1,699 sq ft and are currently fitted to a good standard, providing open-plan trading space with ancillary accommodation.
LOCATION
The property occupies a prominent position on a busy and established North London High Street, benefiting from excellent visibility, strong pedestrian footfall and a diverse mix of national and independent occupiers. The surrounding area is densely populated and well served by public transport.
ACCOMMODATION
Ground Floor Commercial Unit: Approx. 1,699 Sq Ft
LEASE
A lease for a term of 6 years commencing June 2025.
RENT
£44,400 per annum plus VAT.
BUSINESS RATES
Rateable Value: £42,750
Interested parties are advised to make their own enquiries with the local authority regarding the exact rates payable. Current liability is approximately £21,000 per annum.
KEY FEATURES
• Prime North London High Street Location
• Ground Floor Class E Commercial Unit
• Approx. 1,699 Sq Ft
• Suitable for a Variety of Uses
• Strong Footfall and Passing Trade
• Established Commercial Parade
• Lease Until June 2031
• Excellent Transport Links
• Ideal for Retail, Medical, Office or Leisure Uses
VIEWINGS
Strictly by appointment only through Onyxo Real Estate.
Please note that proof of funds and identification may be required prior to arranging a viewing.
Contact Agent
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
