6 Week completion
In this very popular parade close to the well-known ‘Ye Olde Cherry Tree' Public House serving this affluent residential area, amongst such multiples as Coral, Café Rouge, Village Vet and the Post Office, plus a variety of local traders.
The property is located within 10 minutes walk of Southgate Underground Station (Piccadilly Line).
Southgate lies approximately 8 miles north of Central London.
A mid terrace building comprising a ground floor Hair and Beauty Salon with separate rear access to a Self-Contained Flat on the first and second floors.
In addition the property includes a Rear Yard providing parking for 2 cars, accessed via a rear service road.
Ground Floor Salon
Gross Frontage 20'3"
Internal Width 18'8"
Shop Depth 33'11"
Built Depth 55'7"
2 Treatment Rooms plus WC
First & Second Floor Flat
First Floor - 3 Rooms, Kitchen, Bathroom, WC
Second Floor - 2 Rooms
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to A. Duzgun and M. Akdogan as Sassy Hair & Beauty for a term of 12 years from 10th September 2016 (renewal of a previous lease) at a current rent of £23,000 per annum exclusive.
Rent Reviews 2020 and 2024
Note: The Tenant sublets the Flat on an AST.