Fixed price
£31,500 pa
(£26.03/sq. ft. pa)
Retail premises to letStation Parade, Cockfosters, Barnet EN4
1,210 sq. ft
Just added
About this property
Station Parade, Cockfosters, Barnet En4
Established Menswear Retailer For Sale or Lease for Sale - Comprising a 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.
Areas:
1210 sq ft (112.43 sq m)
Lease:
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.
Terms: £100,000 is sought for the benefit of the lease plus stock at valuation if the business is purchased.
Established Menswear Retailer For Sale or Lease for Sale - Comprising a 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.
Areas:
1210 sq ft (112.43 sq m)
Lease:
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.
Terms: £100,000 is sought for the benefit of the lease plus stock at valuation if the business is purchased.
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