Retail Premises for sale in Winchmore Hill, London N21

Further details

The premises are situated in a sought after position within Green Lanes Winchmore Hill. Green Lanes is a major thoroughfare running through North London which effectively runs from Finsbury Park in the south via Winchmore Hill to Enfield Town in the North.

The shop forms part of a terrace of properties which comprise a good mixture of local and multiple retailers including Pizza Express and HSBC Bank.

DESCRIPTION

The premises comprise an open plan reception area with one nail treatment position and a beauty treatment room leading to a second treatment room on the ground floor. There is a further treatment room on the basement, together with a w.c.

The property is decorated to a high standard and benefits from a glazed and aluminium shop front with buzzer entry, polished wood floor, air conditioning, central heating, spot lighting and shower.

Sales area26 sq.m. (285 sq.ft.) approx
Treatment room area 7 sq.m. ( 78 sq.ft.) approx
Basement Treatment room area 6.5 sq.m.( 70 sq.ft.) approx

This is a well established reputable business in a prominent position in Winchmore Hill and provides an excellent business oportunity. It has a good range of equipment including a Ultra Dermi face and body machine. The basement treatment room is fitted with a St Tropez spray tanning booth.

TERMS

The property is held on a FRI lease granted in October 2001 for a term of 9 years with a stepped rent. Passing rent £13,000 to October 2008, £14,000 to October 2009 and £15,000 to the end of the term. A premium in the region of £65,000 is sought for the goodwill fixtures and fittings. Both parties legal costs to be paid by the prospective tenant.

View by appointment through Mehdi & Ward.