Alexandra Park Road, N10

LOCATION
Alexandra Park Road is situated in the heart of the Alexandra Park / Muswell Hill area of North London, within a well-established neighbourhood retail parade serving the surrounding affluent residential catchment.

The property occupies a prominent position on Alexandra Park Road, benefitting from regular pedestrian footfall and a strong mix of independent retailers, cafés, restaurants and local service operators. The area has a well-known community-focused atmosphere and is particularly popular with families and professionals. The location is well connected, with Alexandra Palace National Rail Station and Bounds Green Underground Station both within easy reach.

DESCRIPTION
Alexandra Park Road has an established parade of complementary independent operators, helping generate steady daily trade. Nearby successful businesses include Ciya Cafe, Korto, Green Planet and Pannas Bakery, which help create consistent pedestrian activity throughout the day.

A well-presented commercial unit arranged over ground floor only. The unit offers approximately 800sq ft of modern, well-lit space and includes Kitchen & WC facilities. The premises benefit from a contemporary interior, making it suitable for a wide range of occupiers.

Key Features:

Approx. 800sq ft
E Class Use
Modern fit-out with good lighting
Existing kitchen/toilet facilities

Rent: £25,000pa
Premium: £60,000
Ground Floor
Tenant Only Break & Rent Review at Year 3
Stock can also be sold should this be of interest

Assignment of an existing 5 year lease with 4 years remaining contracted Inside the Landlord & Tenant Act 1954.

Bounds Green underground and Alexandra Palace railway station both within close proximity

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note charge a £750 plus VAT fee for the processing of referencing and administration.

SERVICES
Building Insurance: £517.29 per annum.

TERMS
Assignment of an existing 5 year lease with 4 years remaining at a passing rental of £25,000 per annum, contracted inside the Landlord & Tenant Act 1954.

OUTGOINGS
Approx. £155 per month.

VAT
It is to our understanding that there is no VAT applicable on the rent.

LEGAL COSTS
The incoming tenant to bear landlord's legal fees.

SERVICE CHARGE
n/a.

VIEWING
Strictly via Appointment.