18-19 Greenhill Parade, Barnet, EN5 1EU

Description
Available due to the current tenant relocating to larger premises. Landlord’s permission has been given for the assignment – subject to referencing, deposit & landlord approval of ingoing tenant.

Location
Situated along the Great North Road, in a parade of mixed retail units/cafés. In close proximity is a Tesco Express, Costa Coffee and opposite the junction with Station Road – the landmark Everyman Cinema. The property is in a visible position with non-permit/payment parking to the front and in surrounding turnings – but also benefits from 6 parking spaces to the rear (3 rows in tandem).

Terms
TO LET by way of ASSIGNMENT OF THE EXISTING LEASE:Current passing rent: £42,500 PAX
Option to break (subject to notice) and rent review - December 2027
CONTRACTUAL TERM: 10 YEARS from 25th December 2022 to and including 24th December 2032

Specifications
Maximum depth 53ft (16.15m)
Maximum width across both units 38’9 (11.86m)
WC & office
Lean-to store – 9’3 x 7’3 (2.83m x 2.23m) - leading out to rear parking area.

Combination boiler in kitchen for hot water and providing heat to 3 radiators. Myson heaters within the unit (not tested).

Tenancy Details
The current tenant has the unit fitted out with multiple display areas – the tenant would remove their display fittings prior to completion of the assignment, but not the display partitioning.

Business Rates:
According to the VOA web site, the 2023 Rateable Value is £37,250. 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 Barnet.