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52-54, High Street, Barnet, EN5 5SJ

FREEHOLD COMMERCIAL INVESTMENT
Location: 52-54 High Street, EN5 5SJ
Property type: Flat, General Retail, Retail, Residential
Tenure type: For Sale Freehold
Tenancy type: Investment
** AVAILABLE - REFER TO AUCTIONEER **

LOCATION & DESCRIPTION
A pair of intercommunicating properties arranged as a ground floor shop with sold off flats, within a Grade II listed building forming part of a local retail parade. On the east side of Barnet High Street close to its junction with Park Road and within the Wood Street conservation area, approximately ⅓ mile north of High Barnet underground station (Northern line), with Barnet College close by. Other retailers within the parade include Tesco Express, Londis and Domino Pizza.

The upper parts comprise two flats which have been sold off on long leases. To the rear and accessed via Park Road are off road parking/loading facilities.

SUBJECT TO A 5 YEAR LEASE FROM MARCH 2017 PRODUCING THE EQUIVALENT OF £22,400 p.a.

EPC RATING
C

ACCOMMODATION
Flat 52A Sold on a 125 year lease from March 2017 at £150 p.a.
Flat 54A Sold on a 125 year lease from March 2017 at £250 p.a.
Ground Floor: Retail Area: 940 sq ft (87.36 sq m)
Storage: 230 sq ft (21.37 sq m)
Total: 1,170 sq ft (108.73 sq m)

ADDENDUM
We note from the supplied lease that the shop is subject to a 5 year lease on repairing and insuring terms from March 2017 at a current rent of £22,000 p.a. to Mr G Goorwich and is subject to a 6 month break clause.
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