20A-22 High St 1,890 SF Retail Building Barnet EN5 5RU £475,000 (£251.32/SF)

EXECUTIVE SUMMARY

A virtual freehold (999 years lease) investment opportunity for sale. Two retail shops and upperparts. Both retail units are producing a combined income of £34,000.pa. The upper parts comprise of four flats which have been sold on long leases, 250 year leases, The prroperty is within a few minutes walking distance to High Barnet Tube Station 22 High Street Trading as Mantriella – Bespoke - Dress Designer. Total floor area 46m2 (495sqft) Held on an FRI lease for a term of 10yrs from 22 January 2020 Break 5yr Rent review Jan 2023, Jan 2026, Jan 2029 Rental £17 000.00pa 20a High Street Body Street Barnet – Smart fitness Total floor 39m2 (417sqft) Held on an FRI lease for a term of 6 yrs from 16th October 2019 Break 3 years Rent review every 3 yrs, Rental £17 000.00pa

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
1,890 SF
Building Class
B
Year Built
1903
Price
£475,000
Price Per SF
£251.32
Tenancy
Single
Number of Floors
2
Building FAR
0.14
Lot Size
0.30 AC
Frontage
16 ft on High Street

AMENITIES

  • Security System
  • Signage
  • Storage Space

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Body Street
  • -
  • 417 SF
  • -
  • Oct 2025
  • -
  • 945 SF
  • -
  • -
  • Mantriella
  • -
  • 495 SF
  • -
  • Jan 2030
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Body Street - 417 SF - Oct 2025
- 945 SF - -
Mantriella - 495 SF - Jan 2030

NEARBY MAJOR RETAILERS

Iceland
Caffè Nero
Toby Carvery
Chicken Cottage
Costa Coffee
Co-op
Sainsbury's
Waitrose & Partners
Barclays
Anytime Fitness
  • Listing ID: 34900844

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 20A-22 High St, Barnet EN5 5RU