£65,000

Retail premises for sale

  1. Property photo 1 of 12.
  2. Property photo 2 of 12.
  3. Property photo 3 of 12.
Just added
Business

£65,000

(£238.85/sq. ft)

Retail premises for sale

Darkes Lane, Potters Bar EN6

314 sq. ft

Local area information

Property location

Nearby amenities

  • Potters Bar 0.2 miles
  • Cranborne Primary School 0.4 miles
  • Mount Grace School 0.4 miles
  • Brookmans Park 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Potters Bar to find out more about the local area.

Features and description

Location


Situated within the main retail frontage in Darkes Lane to the north/northeast of the Overground Station and within a parade of mixed users.

This is a retail unit with E Use Class, being adjacent to Boots the Pharmacy and Aksular Turkish Restaurant and opposite the Post Office Sorting Office. Other traders within the immediate vicinity include the Card Factory, Dreams, Superdrug, Subway, Costa, McDonalds, Sainsbury's Supermarket, independent traders, coffee shops & restaurants.

There is pay to park metered on street parking (first half hour free) along Darkes Lane, and a further public pay to park car park to the rear of the unit - accessed off Manor Road.

Potters Bar Main Line commuter station is within a five to seven minutes' walk (0.2 miles) of the premises.
Description


The subject premises are currently trading as 'Shake n Bake' dessert parlor and is fitted out to a very high standard.
Accomodation


The Net internal floor areas are detailed below:

Shop: 29.10sq.m. (313.23sq.ft.) approx.

Plus, WC.
Business rates


Hertsmere Borough Council.

In accordance with the current relief for small businesses, the current business rates are £ zero.

Interested parties should make their own enquiries via the Local Authority or Valuation Office to the voa web site, the Rateable Value is £9,900. This is not the amount of rates payable. For the actual amount of rates payable, interested parties are advised to make their own enquiries with Hertsmere local authority:
Lease


The existing lease is for a term of 15 years from 11th February 2022 being on conventional full repairing and insuring terms. There is a rent review on 11th September 2027 and each fifth anniversary.

Permitted Use as per Lease: Use as a retail shop or café within Use Class E (a) and/or Use Class E (b) of the Town and Country Planning (Use Classes) Order 1987
Rent


The current rent is £12,000 per annum exclusive of VAT (if applicable)
Premium


£65,000 subject to contract
Alcohol license


An alcohol license was granted on 15th March 2024 as follows:
Hours of trading


Monday-Friday 3.00pm - 11.00pm
Saturday 2.00pm - 11.30pm
Sunday 2.00pm - 11.00pm
Current takings/turnover


Approx £65,000pa from the shop plus additional online income (Deliveroo, Uber & Just Eats) totaling £107,000pa
Further potential


To open earlier and trade as a café. External decking can also be erected to the forecourt area (included in the Lease) in, order to provide an additional 8/10 'al fresco' covers.

The current alcohol license could facilitate the sale of cocktails and other drinks.
Current customer ratings


Google 4.5, Uber 4.5 and Deliveroo 4.6
Legal costs


Each party are to be responsible for their own legal costs incurred in the transaction.
Viewings


Viewing and Further Information:
Viewing strictly by prior appointment with the agent:
Nicholas Georgiou/Patrick Notaro
Neway Chartered Surveyors

Nicholas Georgiou

Patrick Notaro
Caution


These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not form part of any contract.

Please note that we have not tested any of the apparatus, equipment, fixtures, fittings and services and cannot verify that they are in working order or fit for their purpose.

Neither have we checked the title documentation to verify the legal status of the property. Prospective tenants are advised to obtain verification from their Solicitor.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Neway Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Neway Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Hertfordshire
  4. Potters Bar
  5. Darkes Lane