An Established Commercial space which has use class E found in the heart of Friern Barnet, currently used as a Milkshakes and Vapes. Woodhouse road has multiple national retailer (Tesco's, Co-Op etc) as well as a large selection of independent businesses. this location also benefits from 2 secondary schools and college being located with a few minuets walk. This is fantastic opportunity for someone looking to take over an existing brand with plenty of potential to grow. STAFF UNAWARE DO NOT APPROACH DIRECTLY

LOCATION
Located on the south side of Woodhouse road near the junction with Colney Hatch Lane. New Southgate (Great Northern Rail) is 5 minuets drive away, providing a direct rail link into London’s Moorgate Station. Also, within a few minutes past New Southgate station you will reach Arnos Grove Underground (Piccadilly Line). Both these links allow direct access to the centre of the city and other London districts. Barnet is also a well-connected area for transport links with the A406 within easy reach allowing easy access to major motorways such as the M25, M1 and M4

DESCRIPTION
An Established Commercial space which has use class E found in the heart of Friern Barnet, currently used as a Milkshakes and Vapes. Woodhouse road has multiple national retailer (Tesco's, Co-Op etc) as well as a large selection of independent businesses. this location also benefits from 2 secondary schools and college being located with a few minuets walk. This is fantastic opportunity for someone looking to take over an existing brand with plenty of potential to grow.

£187.50 p.a - Building Insurance
£87.50 p.a – Sinking fund for service charge, no other charges

Turnover total is approx. £2400 per week across milkshake city and vape city. Approx. 50% split between the 2 entities.
Pre Covid was approx. £3200 per week across the board.

Wage bill is approx. £500 per week. We have 1 person working daily that serves both sides.

Premium sought for the benefit of new lease and goodwill of £80,000

STAFF UNAWARE DO NOT APPROACH DIRECTLY

ACCOMMODATION
Gross Internal Area: 749 Sq Ft (69.4 Sq M)

AMENITIES
CCTV
Security Shutter
Outside space
WC
Kitchenette

TERMS
Assignment of Existing Lease - 12 years from 1st July 2017 inside the Landlord and Tenant Act 1954 - 4 yearly rent reviews

OUTGOINGS
Parties are advised to make their own enquiries with the local authority.

Approx £5,000

LEGAL COSTS
Landlords legal fees to be paid by incoming tenant, each person to pay their own personal fees. Agency fees paid by incoming tenant.

OTHER
£1000 non-refundable deposit will be required when offer accepted, and returned only if landlord rejects applicant.

VIEWING
Strictly by appointment through Drivers and Norris

Contact us to request a video walkthrough.