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Retail Units & Shops

Greater London

Enfield

property

Let

49 Palace Gardens Palace Gardens, Enfield, EN2 6SN

Use Class

Size

1,285 sq ft

Rent pa

£30,000

Market Sector

Retail & Shopping Park

Description

Existing Lease Available

The premises immediately adjoin The Perfume Shop whilst opposite Marks & Spencer.

Other well-known retailers in the vicinity include Accessorize, Specsavers & Thorntons.

EPC: A certificate rated ‘C’ is available on request.

Location

Enfield Palace Shopping Centre comprises approximately 450,000 sq ft of retail and leisure space, with retailers including M&S, Next, H&M, Waitrose and Pearsons Department Store.

The subject premises are located in Palace Gardens, near to M&S and Accessorize, in the heart of the shopping centre.

Key Information

Viewing

Staff are unaware of any disposal proposals so all enquiries strictly via the Appointed Agents.

Legal

Each party to bear their own costs incurred in any transaction.

Accommodation

1,285 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

633

58.8

First Floor

652

60.6

Downloads

Brochure

49 Palace Gardens, Enfield, Enfield - Brochure 2017-07-17-15-06-33

Financial

Lease Type

Existing Lease

Lease Term

An existing 10 year full repairing and insuring lease to expire 17th December 2019 without further review. The lease is contracted outside the Landlord & Tenant Act 1954.

Rent

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

According to the Valuation Office website the premises are assessed as follows:- Rateable Value: £45,250. For verification purposes, interested parties are advised to make their own enquiries on www.voa.gov.uk

Costs

VAT All figures within these terms are exclusive of VAT where applicable.

Service Charge

The annual service charge is currently £5,410 and insurance is £290.

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.