SOLD / WITHDRAWN
02/06/23
1306
New lease for sale - Commercial Unit opposite Southgate Tube station
A unique opportunity to rent this ground floor A3 commercial unit (currently a restaurant) located directly opposite Southgate Tube Station, North London, N14. The property benefits from front and rear access and was previously occupied by a longstanding restaurant. Currently can occupy 65-70 covers.
Positioned on the ground floor and spanning in excess of 1600 square feet, this well situated premises is ideal for any operator looking to be based in a prominent spot within the affluent area of Southgate, coupled with a strong footfall nearby. This property can be used for any Class E purposes including restaurant and office space.
Terms:
Length: New FRI lease for a term of 15 years
Rent: £35,000 per annum exclusive of business rates and insurance. Rent payable Quarter in Advance.
Rent deposit: 5-6 months depending on references, with business experience preferred.
Rent Review: 5 years upwards only.
VAT
This building is not elected for VAT
Legal costs
The incoming tenant to pay their own and landlord legal costs.
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