Retail premises to let in Crescent West, Barnet EN4

Situated along Hadley Wood’s local shopping parade – adjacent to Hadley Wood mainline station, a ground floor lock up commercial unit, available by way of assignment.

Offers invited for the quality of fit out, fixture & fittings

Lease to be assigned – to include fixtures & fittings (specific items to be agreed)

The unit is subject to a 12-year lease, established in 2018 (expires 2030). Next rent review is in 2026 – *current passing rent is £21,385PAX - further lease details available on request.

Internal viewing is highly recommended – By Appointment only

Ground Floor Accommodation

Main Retail Area
Max. Depth of 23'8 (7.21m) x 17'7 (5.36m) - frontage width, narrowing to 17'1 (5.18m)

WC Area - 6'10 X 3'11 (2.08m x 1.19m)

Features
* Under floor heating
* Kitchenette Area

gia of approx. 415ft² (38.6m²)

Lease:
Assignment of existing 12-year lease, established January 2018 - expiring January 2030.

Legal Fees:
*Outgoing tenant will require a contribution towards legal/exit costs from the ingoing party undertaking will be required prior to papers being issued*

Business Rates:
According to the voa web site, the Rateable Value from April 2023 will be £12,000. This is not the amount of rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with the London Borough of Enfield.