Cushman & Wakefield

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  • Michael Soetan

    • T: 07766 133 130 (Direct)
    • T: 0207 152 5125 (Office)

Unit 4, Southgate Underground Station

Southgate, Greater London, N14

Unit 4, Southgate Underground Station, Southgate - Picture 2019-01-07-14-11-30

Size

515 sq ft, (48 sq m)

Lease Type

New Lease

Rent

£23,500 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.

Description

To the left of the station exit, the subject unit occupies a prominent position on Station Parade with an entrance at the front and back of the property. It has a glass frontage onto the bus stop and the station building. It has a WC and store room at the rear of the unit.

There is the opportunity to extend the unit and combine with an adjoining unit. 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: £14,250 UBR: 0.466 Rates Payable: £6,640.50 (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.