A vacant shop unit in a mixed retail parade - situated close to the junction of St. Margaret’s Avenue.
Totteridge & Whetstone (Northern Line) and Oakleigh Park (Mainline) stations serve the general area, and the High Road is served by several bus routes. Whetstone has a good array of retail premises, restaurants & coffee shops - including; M&S Food Hall, Waitrose, Boots, Costa and Pizza Express.
This freehold sale is for the vacant retail unit, and the duplex flat above – although the flat is sold off on a long lease with a peppercorn ground rent.
There is a driveway/parking space to the rear of the unit, via a service road off St Margaret’s Avenue.
Front retail area 28’9 deep (8.76m), with an internal frontage of 19’3 (5.87m).
At present, this area includes a small partitioned office of approximately 8’9 x 5’6 (2.67m x 1.68m). This area leads through to;
Rear retail area 18’6 wide x 18’ deep (5.64m x 5.49m), which includes a WC and kitchenette. From this area is a pair of double doors leading out to a loading platform, and a further door leading to stairs descending to;
Rear Warehouse 31’9 x 18’6 (9.68m x 5.64m) with a floor to ceiling height of approx. 18’ (5.49m) Door to rear lobby (with further door out to rear service road), roller shutter door to rear with an approximate width of 9’3 x height of 12’6 (2.82m x 3.81m). There is access from this area leading to;
Restricted height storage area; 18’6 x 18 (5.64m x 5.49m), with a maximum floor to ceiling height of 6’3 (1.91m). At present, the uppers are arranged over 2 floors – but as one demise. This flat is sold off on a long lease, expiring in 2093 (approximately 73 years remaining), with a peppercorn ground rent.
Gross Internal Area: 1,473ft² (136.8m²)
Note: Upper flat arranged over 1st & 2nd floors is sold off on long lease* with peppercorn ground rent.
Legal Fees: Each to pay their own legal costs
Business Rates: According to the voa website, the 2017 Rateable Value is £30,250. This is not the amount of rates payable – for the actual amount of rates payable, interested parties are advised to make their own enquiries to the London Borough of Barnet.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.