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14 Station Para 1,210 sq ft of Assignment Available in Barnet EN4 0DL
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| Ground | 1,210 sq ft | Mar 2029 | £26.03 /sq ft pa £2.17 /sq ft pcm £31,500 pa £2,625 pcm | Fully Repairing & Insuring |
Ground
Long established menswear retailer (29 years) which has been refitted to modern standards. The business has a loyal repeat following and specialises in casual wear, suits and footwear. The business is unopposed locally with very few independent menswear retailers remaining throughout North London, hence the business is strong with good turnover. The business can be taken over with the existing staff and the owner is prepared to stay on for a period of time to show the new purchasers the ropes. Alternatively the shop premises without the business could be available with a premium required for the lease. The premises are fitted to a good standard with air conditioning, CCTV, electric roller shutter and awning (not tested). There is parking to the rear for up to 5 vehicles. Held on a 10 year full repairing and insuring lease from March 2019 with 5 yearly rent reviews at £31,500 pa. The lease expires March 2029. Premium of £100,000 is sought for the benefit of the lease plus stock at valuation if the business is purchased.
- Use Class: E
- Assignment space available from current tenant
- Long established menswear retailer
- Refitted to modern standards
- Business has loyal repeat following
- Air conditioning, CCTV, electric roller shutter
- Parking at the rear for 5 vehicles
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 1,210 sq ft | Net Internal Area (NIA) | 1,896 sq ft |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Shopfront Retail / Residential |
| Total Space Available | 1,210 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 1,896 sq ft |
| Year Built | 1940 |
Presented by
14 Station Para
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