For Sale
£299,950 Guide Price
Commercial Premises
Station Road
New Barnet
A corner-sited retail unit, being sold subject to a commercial lease*. The property is held on a 999-year term which commenced in September 2014 - with a peppercorn ground rent & a service charge contribution.

GIA including WC & Store: appx. 660ft² (61.32m²)

The upper flats are sold off and held separately and do not form part of this demise/transaction.

Property details

Accommodation:
A curve-fronted, double retail unit located close to New Barnet Mainline Station. GIA including WC & Store: appx. 660ft² (61.32m²)

*Occupier:
Currently let to a mini market occupier:

Income:
Passing rent £21,600 PA

Lease Terms:
- Lease commencement date: 16th January 2026, for a term of 20 years.
- 5 yearly rent review pattern
- £5,000 rent deposit held
- Tenant option to break the lease on the 5th anniversary - subject to 6 months’ notice.

Business Rates:
According to the VOA web site, from 1 April 2026, the Rateable Value is £20,250. This is NOT the amount of rates payable. For the actual rates payable, interested parties are advised to make their own enquiries with the London Borough of Barnet.

EPC:
Valid through until December 2035 - energy rating of C