Retail premises for sale

Green Lanes, Palmers Green N13

Prominently situated on the busy Green Lanes thoroughfare on the borders of Palmers Green and Winchmore Hill. The property benefits from excellent visibility and frontage within a well established commercial and residential area, surrounded by a wide range of independent retailers, cafés, restaurants, and local amenities. Palmers Green railway station is within easy walking distance, providing regular services to Central London, while numerous bus routes operate along Green Lanes, offering convenient connections to Wood Green, Enfield, and surrounding districts.

Location
Prominently situated on the busy Green Lanes thoroughfare on the borders of Palmers Green and Winchmore Hill. The property benefits from excellent visibility and frontage within a well established commercial and residential area, surrounded by a wide range of independent retailers, cafés, restaurants, and local amenities. Palmers Green railway station is within easy walking distance, providing regular services to Central London, while numerous bus routes operate along Green Lanes, offering convenient connections to Wood Green, Enfield, and surrounding districts.

Description
Chi Chi’s occupies a highly prominent position on Green Lanes on the borders of both Palmers Green and Winchmore Hill, some of North London’s most vibrant and established neighbourhoods. Renowned locally as a popular coffee house and brunch destination, the premises benefit from strong footfall throughout the day and excellent visibility along this busy arterial route.

Internally, the property has been thoughtfully fitted out to provide a warm, inviting and contemporary trading environment. The stylish interior combines modern finishes with a welcoming atmosphere, creating an attractive setting for customers to relax, socialise and dine. Large frontage windows allow for excellent natural light, enhancing the sense of space and contributing to the venue’s bright and vibrant character.

A particular feature of the property is its exceptional wrap-around outdoor seating area, which provides extensive al fresco dining opportunities and significantly enhances the customer experience. The outdoor terrace offers excellent exposure to passing pedestrian traffic while creating a destination feel that is rarely available in this location.

A well-presented commercial unit arranged over ground floor only. The unit offers approximately 1,098 sq. Ft of modern, well-lit space and includes Kitchen & WC facilities. The premises benefit from a contemporary interior, making it suitable for a wide range of occupiers.

Key Features:

E Class Use
Modern fit-out with good lighting
Outdoor Seating of approx. 215 sq ft.
Existing kitchen/toilet facilities
Rent: £25,200pa
Premium: £185,000

Assignment of an existing lease with 12 years remaining contracted Inside the Landlord & Tenant Act 1954. A deposit as well as a personal guarantor will be required.

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note charge a £750 plus VAT fee for the processing of referencing and administration.

Terms
Available on a existing lease with 12 years remaining at a passing rent of £25,200pa contracted inside the Landlord & Tenant Act 1954.

Outgoings
Approx. £6,700 per annum.

VAT
It is to our understanding that there is no VAT applicable.

Legal costs
The incoming tenant to bear the Landlord's legal fees.

Service charge
N/A.
Building Insurance £600 per annum.

Viewing
Strictly via appointment.