141 High Street, Barnet, EN5 5UZ     0208 441 1123     info@hamiltonchase.co.uk   like us on facebook  
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Chase Side, London Annual Rental Of £28,500

  • High Footfall Location
  • High Street Location
  • Premium - £60,000 o.n.o
  • Close to Good Transport Links

This established Hardware store/Off License on the main high road on Chase Side in Southgate. The business is being sold as a going concern to include all fixtures, fittings, effects and equipment, 32 x CCTV cameras, fully alarmed, 24 hour license, storage, W.C, kitchen area, refrigerators. Stock can be negotiated if required. Full ADT alarm, Panic button, money secure case, Full CCTV system, Electric shutters, 24 Hour alcohol license.

Situated on the south side of Chase Side, midway between the intersection with High Street and Chase Way.  Within close proximity to Southgate library, Southgate college, the Post Office, Ivory Road Recreational Ground, Priory Hospital and a range of local amenities.   A short distance from Southgate (Piccadilly Line) Underground Station, serviced by range of Bus routes.  Within easy access of Cockfosters, Oakwood, East Barnet, Edmonton and Enfield.

20 year lease (7 years remaining)

£28,500 PAX

£60,000 o.n.o

Hamilton Chase are in full compliance with the Tenant Fee Act 2019. Below we outline the Permitted Payments allowed under the Act, and under what circumstances those payments may be charged. It should be noted that the Tenant Fee Act 2019 only applies to Assured Shorthold Tenancies and as such fees for other tenancy types may still apply.

Holding Deposit (per tenancy): One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks' rent.
This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent of £50,000 or over per year): Six weeks' rent.
This covers damages or defaults on the part of the tenant during the tenancy.

Rent: Rent will be agreed in advance of the tenancy. The rent will be reviewed at the conclusion of each fixed term in accordance with the relevant clauses and provisions in the tenancy agreement.

Unpaid Rent: Tenants are liable for reasonable cost incurred by the Landlord, as breach of terms of tenancy. 

Utilities, Council Tax, Communication Services and TV Licence: Tenants are responsible for paying bills in accordance with the tenancy agreement which will usually include council tax, utility payments (gas, electricity, water) and communication services (broadband, TV etc).

Lost Key(s) or other Security Device(s):Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant's Request): Tenants are liable for reasonable cost incurred by the Landlord, as breach of terms of tenancy. 

Change of Sharer (Tenant's Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant's Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Hamilton Chase is a member of the Property Ombudsman (01067) & Propertymark Client Money Protection Scheme (C0016301).

Chase Side
London N14 5PH
Sale Type: Under Offer
Ref #: HC018
Name Location Type Distance
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