Muswell Hill Broadway Muswell Hill, London N10 N10

  • Sale Price £25,000
  • Other





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SUBSTANTIAL A1 LOCK UP SHOP BASEMENT AND UPPER PART LEASE FOR SALE MUSWELL HILL BROADWAY N10 RENT: £54,000 PAX PREMIUM:£25,000 SUBSTANTIAL A1 LOCK UP SHOP
BASEMENT AND UPPER PART
LEASE FOR SALE
MUSWELL HILL BROADWAY N10

(Provisional Details awaiting Assignor's approval)

LOCATION:Situated at the top of Dukes Avenue close to the roundabout at the heart of Muswell Hills busy shopping centre the Broadway this unit is within close proximity to a number of large multiples such as Nat West Bank, Marks & Spencer, W H Smith and the Car phone Warehouse but to name a few as well as a range of smaller retail outlets.

Positioned on the same side of the road as Ladbrokes, this unit benefits from a great deal of passing traffic and is within easy access of Crouch End, East Finchley, Highgate, Wood Green, Friern Barnet Road and surrounding areas.

The unit has as its closest public transport links East Finchley and Highgate (Northern Line) underground tube stations and is serviced via a range of bus routes from the Broadway.

DESCRIPTION:Benefiting from a maximum shop width of 7.67m (25'2) approx, this property has an initial shop depth of 7.9m (25'11) at its deepest point.

This unit is currently arranged with an initial / retail area of 46.5m2 (500Ft2) approx.

There is also a mezzanine area above this initial / retail aspect of 9.3m2 (100ft2) approx.

At the rear of the ground floor aspect is a storage/ administration area of 32.1m2 (245ft2) approx.

The property is also available with a substantial basement area of 101m2 (1090ft2) approx.

Upper Part:The upper floors of this unit are accessed from a separate entrance of off Dukes Avenue. The 1st and 2nd floor are currently splitting to 2 self contains flats.
The 1st floor was inspected and is arranged as listed below.
The 2nd floor was unable to be inspected but is reported as being let producing £950.00 pcm with 3 months left on the existing tenancy.

First floor:

Room 1:4.00m (13'1) at its deepest into bay window x 7.5m (24'6) approx. at its deepest with gas central heating radiators and sash drawstring windows overlooking the front of the premises.

Room 2:3.00m (9'9) x 5.2m (16'11) at its widest.

Room 3:3.8m (12'4) at its widest x 2m (6'7) at its deepest

Room 4:x m (12'4) x ym (10'2) approx.

This unit further benefits from a separate wc.

TENURE:Assignment of current 12 year lease with 5 yearly rent reviews (available for renewal in December 2009)

RENT:£54,000 PAX

PREMIUM:£25,000

CONDITIONS: Ingoing tenant to be responsible for both parties reasonable legal costs

VIEWING:Strictly via the owner's sole agent, MARTYN GERRARD COMMERCIAL DEPARTMENT. Please contact:

David Felman, Saul Gerrard or Ben Rosenthal on 020 8 444 3445

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
1.These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2.These details do not constitute any part of an offer or contract.
3.All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
4.All rent prices, fees and charges are quoted exclusive of VAT.
5.Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not bee tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.


Property reference: MGCA2350924