Cannon Hill, Southgate, London

The property is an end of terrace three storey building which dates from the early 20th Century. It comprises a ground floor shop with a large purpose built self-contained four bedroom flat arranged over the first and second floors.

The ground floor unit operates as a Post Office, newsagents and convenience store. The space is configured as a front sales area with an ancillary area to the rear of the unit which is separately accessible from Cannon Hill Mews.

Floor plans are available to download from the Gilmartin Ley website.

The upper parts have internal access from the shop via a spiral staircase, and external access via the pedestrian walkway with stair access from in between nos. 43 and 44 Cannon Hill.

The entire property is let on a 20 year lease from 3rd February 2008. The passing rent is £30,000 pa and there is an outstanding rent review effective 3rd February 2026. A copy of the lease is available to download from the Gilmartin Ley website.

Terms: Freehold for sale subject to the lease of the whole. A copy of the lease is available to download from the Gilmartin Ley website.

Location:
The property is located on the east side of Cannon Hill, a popular local parade of shops located at The Green, Southgate. The shops on Cannon Hill mark part of the eastern boundary of a relatively high value area in Southgate and Palmers Green known as the Lakes Estate. Cannon Hill is the primary link between Southgate and access to the A406 North Circular Road.

There are a number of occupiers along the parade including restaurants, offices, salons, surgeries, nurseries and retailers, as well as Travelodge London Southgate and Browns Brasserie.

Southgate Underground Station (Piccadilly Line) and Palmers Green Rail Station (Great Northern) are approximately 1km North and East respectively of the property, providing fast connections into the London, Greater London and Hertfordshire.