• Renewable Lease
• Prominent Location with High Visibility and Footfall
The premises is located towards the busier end of Green Lanes (A105), 0.2 miles East of Palmers Green Railway Station on Aldermans Hill. This part of Green Lanes boasts a plethora of High Street brands to include Mcdonald's, Poundland, Lloyds Bank, Sainsbury's local, Specsavers, Ladbrokes and Greggs.
Comprising ground floor retail premises with mezzanine office, stores, kitchen, WC and rear external yard. We are advised of the following floor areas:
Ground Floor 594 sq.ft ( 55.18 m2 )
Mezzanine 91 sq.ft ( 8.45 m2 )
Total 685 sq.ft ( 63.64 m2 )
Lease Terms
The premises is offered by way of an assignment of the existing lease to expire 5 November 2023. Such lease is included within the Security of Tenure provisions of the Landlord and Tenant Act 1954 i.e the assignee will have a right to renew upon expiry of the term.
£18,500 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days.
Rates
Rateable Value £17,250
UBR 2019/2020 49.1p
Rates Payable £8,469.75
Energy Performance Asset Rating
EPC Awaited