54 Station Road, ( A110) Barnet, EN5 1QG

2,742 Sq Ft
  • Type: Non Residential Institutions (D1)
  • Availability: For Sale
  • Status: instructed
  • Property Tagline: Freehold Investment
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Property Features

  • Let to Head Start Day Nurseries LTD which has traded as a children’s day nursery continually from 2001.
  • FRI Lease 20 years from 30th October 2020 subject to rent reviews at 5 yearly intervals based on RPI with a cap & collar.
  • Present rent income of £53,000 pax
  • 2 mins walk to New Barnet Overground Station
  • Prominent roadside position on A110

Property Summary

Freehold investment property let to Head Start Day Nurseries LTD which has traded as a children’s day nursery continually from 2001.

Full Details

Description
The Premises which has main road frontage comprises a series of rooms over lower ground, ground, first and second floor and is on a large plot incorporating parking at front and children’s’ play area at the rear

Location
The property is located on the north side of Station Road (A110) at its junction with Plantagenet Road and just 2 minutes’ walk to New Barnet Overground Station. Local shopping is also with walking distance.

Terms
The property is available Freehold with the benefit of the lease and income of £53,000 pax as highlighted in the brochure.

Price
£1.25M
All prices are subject to VAT if applicable.
SUBJECT TO CONTRACT

Legal Costss
Both parties’ legal costs are to be borne by the ingoing purchaser.

Viewing
As this is a working children’s nursery it will not be possible to conduct day time viewings. Arrangements will be made to view with the winning purchaser.