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Dennis Parade Winchmore Hill Rd
550 SF of Assignment Available in London N14 6AA
Assignment Highlights
- Short walk to Southgate Underground Station
- Heavy daytime foot traffic
- Prominent parade style location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Rental Rate
- Rent Type
Space | Size | Rental Rate | Rent Type | |||
Ground | 550 SF | $80.90 /SF/YR $6.74 /SF/MO $44,494 /YR $3,708 /MO | TBD |
Ground
Commercial unit that has successfully been trading as a Japanese restaurant for over 10 years and has an already built loyal customer base. The property totals 1,100 sq ft and comes with a 3 bedroom residential flat above. The restaurant comes fully fitted with all the fixtures, fittings and equipment. The flat is currently occupied by the restaurant staff but can be sub let separately to further increase revenue! There is also parking to the rear of the property with rear access. Assignment of a 15 year lease with 5 years remaining at £36,000 per annum. The tenant is looking for a premium of £130,000.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Fully fitted restaurant
- Parking to the rear
- Large glazed frontage
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 broker 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 FOR Winchmore Hill Rd , London, LND N14 6AA
Total Space Available | 550 SF | Gross Leasable Area | 550 SF |
Property Type | Retail | Year Built | 1930 |
Total Space Available | 550 SF |
Property Type | Retail |
Gross Leasable Area | 550 SF |
Year Built | 1930 |
About the Property
The property comprises a mid-terrace building of traditional brick construction, arranged over two floors. The building provides ground floor retail accommodation with a 3 bedroom residential space to the first floor. The property forms part of a busy parade of shops known as Dennis Parade which is located on the north side and western end of Winchmore Hill Road, close to Southgate Underground Station and the retail centre of Southgate. Public transport communications are excellent: Southgate Underground Station (Piccadilly Line) and bus terminus is just opposite the property. The property is also well situated for road transport with the A111 leading to the North Circular Road in the south and the M25 (J24) in the north.
Learn More About Leasing Retail Properties
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Dennis Parade | Winchmore Hill Rd
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