£725,000
Retail premises for sale
Property photos
Just added
Guide price
£725,000
(£299.46/sq. ft)
Retail premises for sale
Cannon Hill, Southgate N142,421 sq. ft
Local area information
Property location
Nearby amenities
- St Monica's RC Primary School 0.2 miles
- Walker Primary School 0.2 miles
- Southgate 0.6 miles
- Palmers Green 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Southgate, Arnos Grove and Palmers Green to find out more about the local area.
Features and description
- Affluent and highly desirable North London location
- Rarely available freehold shop & upper parts investment in sort-after parade
- Reversionary income of £30,000 per annum
- Unimplemented rent review from 03/02/2026
- Development potential STPP
- Local occupiers include restaurants, offices, retailers and salons
- Within 1km of Southgate Underground Station (Piccadilly Line)
- 1km to Palmers Green Rail Station (Great Northern)
- A number of bus routes serving Greater and Central London
The property is an end of terrace three storey building which dates from the early 20th Century. It comprises a ground floor shop with a large purpose built self-contained four bedroom flat arranged over the first and second floors.
The ground floor unit operates as a Post Office, newsagents and convenience store. The space is configured as a front sales area with an ancillary area to the rear of the unit which is separately accessible from Cannon Hill Mews.
Floor plans are available to download from our website.
The upper parts used to have internal access from the shop via a spiral staircase but this has been sealed up. Access is now only via the pedestrian walkway with stair access from in between nos. 43 and 44 Cannon Hill.
The entire property is let on a 20 year lease from 3rd February 2008. The passing rent is £30,000 pa and there is an outstanding rent review effective 3rd February 2026. A copy of the lease is available to download from our website.
Location:
The property is located on the east side of Cannon Hill, a popular local parade of shops located at The Green, Southgate. The shops on Cannon Hill mark part of the eastern boundary of a relatively high value area in Southgate and Palmers Green known as the Lakes Estate. Cannon Hill is the primary link between Southgate and access to the A406 North Circular Road.
There are a number of occupiers along the parade including restaurants, offices, salons, surgeries, nurseries and retailers, as well as Travelodge London Southgate and Browns Brasserie.
Southgate Underground Station (Piccadilly Line) and Palmers Green Rail Station (Great Northern) are approximately 1km North and East respectively of the property, providing fast connections into the London, Greater London and Hertfordshire.
The ground floor unit operates as a Post Office, newsagents and convenience store. The space is configured as a front sales area with an ancillary area to the rear of the unit which is separately accessible from Cannon Hill Mews.
Floor plans are available to download from our website.
The upper parts used to have internal access from the shop via a spiral staircase but this has been sealed up. Access is now only via the pedestrian walkway with stair access from in between nos. 43 and 44 Cannon Hill.
The entire property is let on a 20 year lease from 3rd February 2008. The passing rent is £30,000 pa and there is an outstanding rent review effective 3rd February 2026. A copy of the lease is available to download from our website.
Location:
The property is located on the east side of Cannon Hill, a popular local parade of shops located at The Green, Southgate. The shops on Cannon Hill mark part of the eastern boundary of a relatively high value area in Southgate and Palmers Green known as the Lakes Estate. Cannon Hill is the primary link between Southgate and access to the A406 North Circular Road.
There are a number of occupiers along the parade including restaurants, offices, salons, surgeries, nurseries and retailers, as well as Travelodge London Southgate and Browns Brasserie.
Southgate Underground Station (Piccadilly Line) and Palmers Green Rail Station (Great Northern) are approximately 1km North and East respectively of the property, providing fast connections into the London, Greater London and Hertfordshire.
More information
Listed by
Gilmartin Ley
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