Offers over
£550,000
(£392.86/sq. ft)
Retail premises for saleHigh Street, Barnet EN5
1,400 sq. ft
About this property
Freehold
Recently Refurbished Building
Fri Lease Until 2041 (No Breaks)
A rare opportunity to acquire the freehold interest of this prominent double fronted retail unit in the heart of High Barnet. The property has been let on a Full Repairing and Insuring Lease for a term of 20 years from May 2021. The residential element has been sold off on a long Lease. The ground floor is let at £40,000 per annum with five yearly rent reviews. There is a six-month rental deposit being held by the Landlords. There is a service charge for all occupiers to cover costs of maintaining the communal areas.
This ground floor retail unit is situated on the busy High Street (A1000) in Barnet. Barnet Road (A411) is immediately accessible from the property which offers direct access to main arterial roads including the A1 and the M25. The property is within easy reach of High Barnet Underground Station (Northern Line) and is regularly serviced by local buses with a bus stop outside of the property. This corner property is neighboring Domino’s Pizza and is within walking distance of many local amenities including a Post Office, Barnet College, McDonalds & Tesco Express.
This ground floor retail unit is situated on the busy High Street (A1000) in Barnet. Barnet Road (A411) is immediately accessible from the property which offers direct access to main arterial roads including the A1 and the M25. The property is within easy reach of High Barnet Underground Station (Northern Line) and is regularly serviced by local buses with a bus stop outside of the property. This corner property is neighboring Domino’s Pizza and is within walking distance of many local amenities including a Post Office, Barnet College, McDonalds & Tesco Express.