Cushman & Wakefield

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Contacts

  • Michael Soetan

    • T: 0207 152 5125 (Office)
    • T: 07766133130 (Direct)

Unit 6, Southgate Underground Station

Southgate, Greater London, N14 5BH

Unit 6, Southgate Underground Station, Southgate - Picture 2019-03-26-17-12-22

Size

629 sq ft, (58 sq m)

Lease Type

New Lease

Rent

£26,500 pa

Use Class

A1

Lease Term

The shop is available by way of a new 6 year lease

contracted outside the Landlord and Tenant Act 1954 and

is subject to a 6 month rolling Landlord break.

Description

To the left of the station exit, the subject unit occupies a

prominent position on Station Parade. It is the last unit on

the row of parades and has a good return glass frontage

onto the Station building. The unit has an entrance at the

front and rear of the shop which increases it’s

prominence and pull in passing trade. The recently

opened Nando's has already increased the footfall and

popularity of this location.

Location

Southgate is a London Underground Piccadilly line

station in Southgate. It is located between Arnos Grove

and Oakwood stations and is in Travelcard Zone 4. The

station was developed as a bus/underground interchange

and the main building sits on an island between

Southgate Circus and Station Parade where a series of

bus stops are located.

Rates

Rateable Value: £19,250 UBR: 0.479 Rates Payable: £9,220.75 (2017/2018)

Service Charge

The Landlord reserves the right to introduce a service

charge at any time during the lease term to cover all

RICS approved reasonable expenditure. Such charge is

to be capped at an agreed amount.