The Green, Winchmore Hill, N21
- SIZE AVAILABLE
892 sq ft
83 sq m
- SECTOR
High street retail property for sale
Description
LOCATION
The premises occupies a highly desirable position in the heart of Winchmore Hill´s charming village centre, overlooking the picturesque The Green. This attractive and well-established retail parade forms the focal point of the local community, offering a vibrant yet relaxed environment with a strong sense of neighbourhood identity.
The surrounding area is characterised by a mix of independent boutiques, cafés, restaurants, and professional services, creating consistent footfall throughout the day from both residents and visitors. The location benefits from a loyal and affluent catchment, with many long-standing local customers who regularly use the amenities around The Green.
Excellent accessibility further enhances the appeal, with Winchmore Hill railway station just a short walk away, providing direct connections into Central London. Nearby Green Lanes also offers additional passing traffic and links to surrounding areas.
Overall, this is a prominent and well-connected position within a sought-after North London suburb, ideally suited to a range of retail or professional service uses seeking visibility, footfall, and a strong local customer base.
DESCRIPTION
This ground floor premises enjoys a prime position overlooking The Green, which acts as the focal point of the local community and naturally attracts consistent footfall from residents and visitors throughout the day. The surrounding area is known for its relatively affluent demographic, meaning customers and clients in the vicinity typically have strong spending power, which is beneficial for both retail and professional services.
The shop benefits from a custom salad bar and refrigeration, storage refrigeration and freezers, cooking appliances, tables and chairs, a coffee machine and grinder, air conditioning and semi outdoor seating. It also encompasses large, valuable frontage.
Assignment of an existing lease of 15 years from Feb 2025 with no break clauses, contracted inside the L&T Act 1954 at a passing rental of £50,000p.a.
Rent: £50,000p.a
Modern 2 bedroom flat included within the demise
Premium: Offers over £180,000.
Lease Term: 14 years remaining
Use Class: E
The ground floor at £24,800 pa and the upper floor flat of 2 bed/1 bath which has an residential annual income of £25,200 pa.
Please note we charge a £900+VAT administration, referencing and compliance fee for all incoming tenants.
TERMS
Assignment of an existing lease with 14 years remaining.
OUTGOINGS
Approx. £7,000pa.
LEGAL COSTS
Each party to bear their own, incoming tenant to cover landlords legal fees.
PARKING NOTES
Street parking with business parking permit at £85 per term.
VIEWING
Strictly via appointment only.
The Green, Winchmore Hill, N21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Winchmore Hill Station0.1 miles
- Grange Park Station0.7 miles
- Southgate Station1.1 miles
Notes
Disclaimer - Property reference 102099003259. 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 Mi Commercial, London. 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.
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