COMMERCIAL
Darkes Lane, Potters Bar, Hertfordshire, EN6
£65,000
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- SHOP LEASE FOR SALE
- RENT: £12,000 PA
- CLASS E USE
- PREMIUM: £65,000
Description
LOCATION
Situated within the main retail frontage in Darkes Lane to the north/northeast of the Overground Station and within a parade of mixed users.
This is a retail unit with E Use Class, being adjacent to Boots the Pharmacy and Aksular Turkish Restaurant and opposite the Post Office Sorting Office. Other traders within the immediate vicinity include the Card Factory, Dreams, Superdrug, Subway, Costa, McDonalds, Sainsbury's Supermarket, independent traders, coffee shops & restaurants.
There is pay to park metered on street parking (first half hour free) along Darkes Lane, and a further public pay to park car park to the rear of the unit - accessed off Manor Road.
Potters Bar Main Line commuter station is within a five to seven minutes' walk (0.2 miles) of the premises.
DESCRIPTION
The subject premises are currently trading as 'Shake n Bake' dessert parlor and is fitted out to a very high standard.
ACCOMODATION
The Net internal floor areas are detailed below:
Shop: 29.10sq.m. (313.23sq.ft.) approx.
Plus, WC.
BUSINESS RATES
Hertsmere Borough Council.
In accordance with the current relief for small businesses, the current business rates are £ zero.
Interested parties should make their own enquiries via the Local Authority or Valuation Office to the VOA web site, the Rateable Value is £9,900. 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 Hertsmere local authority:
LEASE
The existing lease is for a term of 15 years from 11th February 2022 being on conventional full repairing and insuring terms. There is a rent review on 11th September 2027 and each fifth anniversary.
Permitted Use as per Lease: Use as a retail shop or café within Use Class E (a) and/or Use Class E (b) of the Town and Country Planning (Use Classes) Order 1987
RENT
The current rent is £12,000 per annum exclusive of VAT (if applicable)
PREMIUM
£65,000 subject to contract
ALCOHOL LICENSE
An alcohol license was granted on 15th March 2024 as follows:
HOURS OF TRADING
Monday-Friday 3.00pm - 11.00pm
Saturday 2.00pm - 11.30pm
Sunday 2.00pm - 11.00pm
CURRENT TAKINGS/TURNOVER
Approx £65,000pa from the shop plus additional online income (Deliveroo, Uber & Just Eats) totaling £107,000pa
FURTHER POTENTIAL
To open earlier and trade as a café. External decking can also be erected to the forecourt area (included in the Lease) in, order to provide an additional 8/10 'al fresco' covers.
The current alcohol license could facilitate the sale of cocktails and other drinks.
CURRENT CUSTOMER RATINGS
Google 4.5, Uber 4.5 and Deliveroo 4.6
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in the transaction.
VIEWINGS
Viewing and Further Information:
Viewing strictly by prior appointment with the agent:
Nicholas Georgiou/Patrick Notaro
Neway Chartered Surveyors
Nicholas Georgiou
Patrick Notaro
CAUTION
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not form part of any contract.
Please note that we have not tested any of the apparatus, equipment, fixtures, fittings and services and cannot verify that they are in working order or fit for their purpose.
Neither have we checked the title documentation to verify the legal status of the property. Prospective tenants are advised to obtain verification from their Solicitor.
Situated within the main retail frontage in Darkes Lane to the north/northeast of the Overground Station and within a parade of mixed users.
This is a retail unit with E Use Class, being adjacent to Boots the Pharmacy and Aksular Turkish Restaurant and opposite the Post Office Sorting Office. Other traders within the immediate vicinity include the Card Factory, Dreams, Superdrug, Subway, Costa, McDonalds, Sainsbury's Supermarket, independent traders, coffee shops & restaurants.
There is pay to park metered on street parking (first half hour free) along Darkes Lane, and a further public pay to park car park to the rear of the unit - accessed off Manor Road.
Potters Bar Main Line commuter station is within a five to seven minutes' walk (0.2 miles) of the premises.
DESCRIPTION
The subject premises are currently trading as 'Shake n Bake' dessert parlor and is fitted out to a very high standard.
ACCOMODATION
The Net internal floor areas are detailed below:
Shop: 29.10sq.m. (313.23sq.ft.) approx.
Plus, WC.
BUSINESS RATES
Hertsmere Borough Council.
In accordance with the current relief for small businesses, the current business rates are £ zero.
Interested parties should make their own enquiries via the Local Authority or Valuation Office to the VOA web site, the Rateable Value is £9,900. 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 Hertsmere local authority:
LEASE
The existing lease is for a term of 15 years from 11th February 2022 being on conventional full repairing and insuring terms. There is a rent review on 11th September 2027 and each fifth anniversary.
Permitted Use as per Lease: Use as a retail shop or café within Use Class E (a) and/or Use Class E (b) of the Town and Country Planning (Use Classes) Order 1987
RENT
The current rent is £12,000 per annum exclusive of VAT (if applicable)
PREMIUM
£65,000 subject to contract
ALCOHOL LICENSE
An alcohol license was granted on 15th March 2024 as follows:
HOURS OF TRADING
Monday-Friday 3.00pm - 11.00pm
Saturday 2.00pm - 11.30pm
Sunday 2.00pm - 11.00pm
CURRENT TAKINGS/TURNOVER
Approx £65,000pa from the shop plus additional online income (Deliveroo, Uber & Just Eats) totaling £107,000pa
FURTHER POTENTIAL
To open earlier and trade as a café. External decking can also be erected to the forecourt area (included in the Lease) in, order to provide an additional 8/10 'al fresco' covers.
The current alcohol license could facilitate the sale of cocktails and other drinks.
CURRENT CUSTOMER RATINGS
Google 4.5, Uber 4.5 and Deliveroo 4.6
LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in the transaction.
VIEWINGS
Viewing and Further Information:
Viewing strictly by prior appointment with the agent:
Nicholas Georgiou/Patrick Notaro
Neway Chartered Surveyors
Nicholas Georgiou
Patrick Notaro
CAUTION
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not form part of any contract.
Please note that we have not tested any of the apparatus, equipment, fixtures, fittings and services and cannot verify that they are in working order or fit for their purpose.
Neither have we checked the title documentation to verify the legal status of the property. Prospective tenants are advised to obtain verification from their Solicitor.
Brochures
Brochure 1Darkes Lane, Potters Bar, Hertfordshire, EN6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Potters Bar Station0.2 miles
- Brookmans Park Station1.6 miles
- Hadley Wood Station2.2 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference sb. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NEWAY ESTATE AGENTS, Hampden Square. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.