42-44 Green Lane, NORTHWOOD, Middlesex, HA6

££1,300,000

Retail Property - High Street For Sale

LOCATION
Well positioned in this busy parade in the heart of Northwood, close to Costa Coffee, Cook, Boots and other established businesses.  Waitrose and Northwood Metropolitan Line Station are close by as is a large public car park.

DESCRIPTION
Prominent well known double shop with substantial basement.  The property is considered suitable for a variety of uses within the new Class E of the Use Classes Order including restaurant use.
The approximate net internal floor areas are:

Shop1,582 sq ft
Rear Office386 sq ft
Kitchen176 sq ft
Stores37 sq ft
Basement1,609 sq ft


Total3,790sq ft

TERMS
To be let on a new Full Repairing and Insuring Lease for a term to be agreed

RENT
£70,000 per annum exclusive plus VAT.

PRICE
Offers in the region of £1,300,000 plus VAT.   Includes ground rent income from 2 flats above sold off on long leases.

RATES
Our enquiries show that the premises are assessed for rating purposes as follows:-
Rateable Value £50,500
Rates Payable for 2022/2023 are £12,600 per annum on the assumption of a retail, hospitality or leisure use qualifying for 50% relief.
For verification purposes, prospective occupiers are advised to make their own enquiries.

LEGAL COSTS
Each party to bear their own legal costs.

EPC
An Energy Performance Certificate (EPC) is available upon request.  The property has an Asset Rating of D (86)

Tenure: Freehold

42-44 Green Lane, NORTHWOOD, Middlesex, HA6
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EPC

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Office Details

Northwood
VDBM
30A Green Lane
Northwood, Middlesex
HA6 2QB

01923 845 222
property@vdbm.co.uk

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