Wood Green, The Mall, Unit 3, Details
The Mall, Wood Green Unit 3, The Mall, Wood Green
RATING We have been verbally advised by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value: Rates Payable: UBR:
£33,000 per annum £15,906 per annum 48.2 pence in the pound
Interested parties are advised to make their own enquiries with Haringey Council for verification purposes. SERVICE CHARGE £3,727 per annum.
LOCATION Wood Green is a suburban area of Greater London, situated in the London Borough of Haringey. The Borough has an immediate catchment population of over 460,000. The scheme currently has an average weekly footfall of 215,000 and benefits from 1,500 car parking spaces. The subject property occupies a prime and prominent position on Wood Green High Road, the main thoroughfare with great visibility to the high street. Nearby multiple national occupiers include H&M, Schuh, Topman, Next, Specsavers, Moss and Superdrug. DESCRIPTION The premises comprise a ground floor shop providing the following approximate floor areas: Ground floor sales: Mezzanine ancillary:
105.17 sq m (1,132 sq ft) 22.48 sq m (242 sq ft)
LEASE The unit is available by way of a new 10 year lease subject to a fifth year upward only rent review. TERMS £90,000 per annum exclusive.
LEGAL COSTS Each party to be responsible for their own professional costs incurred during the transaction. EPC Rating D. DATE OF ENTRY Immediately subject to vacant possession. VIEWING Strictly by prior arrangement with: Paul Nicholson 020 7409 8175 [email protected] Moira Hamilton 020 7409 8156 [email protected]
www.savills.co.uk/retail
Wood Green The Mall Anytown
Code of Practice: As a responsible Landlord, The Mall Corporation Limited has regard to the recommendations of the voluntary Code of Practice for Commercial Leases. If you are professionally represented you should ask your advisor for a copy. Alternatively the document can be found at www.commercialleasecodeew.co.uk or obtained from the Royal Institution of Chartered Surveyors (020 7334 3806).If you are a professional advisor a copy of the Code should be provided to your client. In accordance with recommendations of the Code The Mall Corporation Limited is willing to consider alternative lease terms to those proposed in this correspondence. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind that variations may affect the levels of rent proposed. Misdescription Act: Savills for themselves for the vendors or landlord who’s agent they are giving notice that (a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct, their accuracy is not guaranteed and or any error, omission or misdescription shall not annul the sale on the grounds compensation may be claimed and neither do they constitute any part of a contract. (b) Any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Date of publication – June 2014
RATING We have been verbally advised by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value: Rates Payable: UBR:
£33,000 per annum £15,906 per annum 48.2 pence in the pound
Interested parties are advised to make their own enquiries with Haringey Council for verification purposes. SERVICE CHARGE £3,727 per annum.
LOCATION Wood Green is a suburban area of Greater London, situated in the London Borough of Haringey. The Borough has an immediate catchment population of over 460,000. The scheme currently has an average weekly footfall of 215,000 and benefits from 1,500 car parking spaces. The subject property occupies a prime and prominent position on Wood Green High Road, the main thoroughfare with great visibility to the high street. Nearby multiple national occupiers include H&M, Schuh, Topman, Next, Specsavers, Moss and Superdrug. DESCRIPTION The premises comprise a ground floor shop providing the following approximate floor areas: Ground floor sales: Mezzanine ancillary:
105.17 sq m (1,132 sq ft) 22.48 sq m (242 sq ft)
LEASE The unit is available by way of a new 10 year lease subject to a fifth year upward only rent review. TERMS £90,000 per annum exclusive.
LEGAL COSTS Each party to be responsible for their own professional costs incurred during the transaction. EPC Rating D. DATE OF ENTRY Immediately subject to vacant possession. VIEWING Strictly by prior arrangement with: Paul Nicholson 020 7409 8175 [email protected] Moira Hamilton 020 7409 8156 [email protected]
www.savills.co.uk/retail
Wood Green The Mall Anytown
Code of Practice: As a responsible Landlord, The Mall Corporation Limited has regard to the recommendations of the voluntary Code of Practice for Commercial Leases. If you are professionally represented you should ask your advisor for a copy. Alternatively the document can be found at www.commercialleasecodeew.co.uk or obtained from the Royal Institution of Chartered Surveyors (020 7334 3806).If you are a professional advisor a copy of the Code should be provided to your client. In accordance with recommendations of the Code The Mall Corporation Limited is willing to consider alternative lease terms to those proposed in this correspondence. If you wish to suggest different terms, please set these out clearly in your reply. Please bear in mind that variations may affect the levels of rent proposed. Misdescription Act: Savills for themselves for the vendors or landlord who’s agent they are giving notice that (a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct, their accuracy is not guaranteed and or any error, omission or misdescription shall not annul the sale on the grounds compensation may be claimed and neither do they constitute any part of a contract. (b) Any intending purchaser or tenant must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. Date of publication – June 2014
