The premises is located on Church Street (A110) at the southern end of the Palace garden Shopping Centre. The road boasts many High Street names to include Nationwide, Subway, Ladbrokes, Percy Ingle, Nandos and EE. Enfield Town Railway Station is in close proximity to the property, approximately 5 minutes walk to the East.
|Shop||885 sq.ft ( 82.22 m2 )|
|First Floor||581 sq.ft ( 53.98 m2 )|
|Second Floor||592 sq.ft ( 55.00 m2 )|
|Total||2,058 sq.ft ( 191.19 m2 )|
The shop is let to a limited company with a personal guarantee by virtue of a new Full Repairing and Insuring lease for a term of 10 years commencing in April 2019 at a rental of £32,000.00 per annum exclusive. Rent reviews are on a 3 year upwards only pattern. There is a Tenant only break clause at the expiration of the 3rd year of the term. The lease is within the Security of Tenure provisions of the Landlord and Tenant Act 1954.
We are advised that the offices are occupied by way of short-term, flexible license agreements on all inclusive rents, producing £22,724 per annum. We are further advised that there is one office vacant which has an ERV of £5,400.00 p.a.
The total yearly rent reserved is therefore £54,724.00.
|Rateable Value||The ground floor and upper parts are rated separately. Interested parties are advised to check the rates with the VOA and with Enfield Council on 020 8379 1000.|
This is how energy efficient
this building is
Strictly by prior appointment with letting agents Taylor Freeman Kataria.
TFK 306, Green Lane, Ilford IG1
020 8599 9911
MONDAY - FRIDAY 9:00 a.m. – 5:00 p.m.
SATURDAY & SUNDAY CLOSED