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High Street, Potters Bar |
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LOCATION |
The shop is located on the busy A1000 which has access to Barnet and North London to the South, Hatfield and Welwyn Garden City to the North and via the A111 to Junction 24 of the M25, Cockfosters and Southgate .
The shop is situated in the most favoured parade in the High Street with one hour free parking on the service road. Potters Bar has attracted major retailers including Tesco, Sainsbury Woolworths, Boots and other multiples a well as regional and local retailers. The town has a high quality customer base for retail business. |
DESCRIPTION |
The property is an end terrace three storey ground floor lock-up shop and two floor maisonette above.
The shop has an internal frontage of approximately 4.85 metres and depth of 11.4 metres. We calculate the net retail area to be approximately 41.7 square metres (607 square feet). In addition there is a kitchen, toilet, external store, garage and one small parking space. |
RATES |
The property is described on the VOA website as shop and premises with a rateable value of £8,700. |
TENURE |
The freehold interest is to be sold with vacant possession of the ground floor shop and with the benefit of £75 pa income from the maisonette let on a long lease until 29/7/2092 . |
TERMS |
Offers are invited above £275,000. |
LEGAL COSTS |
The purchaser is to pay the reasonable legal costs of the vendor. |
VIEWING |
Strictly by appointment only. Please contact David Linnell Chartered Surveyors Property Advisers quoting reference 302.1. |
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N.B. Whilst these particulars are intended to give a fair description of the property their accuracy is not guaranteed. No tests have been undertaken to the services, the structure and materials in the premises. The figures stated are approximate. The Vendor does not make or give and neither David Linnell Chartered Surveyors Property Advisers (DL) or any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. All statements contained in these particulars as to this property are made without responsibility on the part of DL. These particulars do not constitute an offer or a contract. Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of statements contained herein. Interested parties are referred to The Code of Practice for Commercial Leases (www.commercialleasecodeew.co.uk).