Investment for sale

The north London suburb of Southgate has a district population of some 312,466 persons and a town population of 14,454 persons. Located some 8 miles north of both the City and West End of London and adjoins the districts of Barnet, Wood Green and Winchmore Hill. The North Circular Road A406 (2 miles to the South), the A10 (2 miles to the east) and the M25 London Orbital Motorways (4 miles to the north via the A111), are all readily accessible. Chase Side forms part of the A111 thoroughfare. Southgate London Underground Station (Piccadilly Line) is located at Southgate Circus with British Rail facilities also provided from New Southgate and Winchmore Hill British Rail Stations. In addition, Chase Side is also served by bus routes from Wood Green, Cockfosters and Potters Bar.

The property lies on the northern side of Chase Side, some 100 yards to the west of Southgate Underground Station. Chase Side forms the main retail pitch in the suburb with retailers such as BOOTS, J D WETHERSPOON, PIZZA EXPRESS, McDONALD’S, HOLLAND & BARRETT, W H SMITH, COSTA COFFEE, TESCO EXPRESS, SAINSBURY’S LOCAL, HALIFAX and nearby is an ASDA Superstore.

The property is a mid-terrace three-storey building being part of a retail parade built in the 1930’s of brick construction with a double pitched tiled roof and which has been extended to the rear at ground floor level under a flat asphalt roof.

The property is arranged as a ground floor restaurant with rear kitchens, stores and male and female WC facilities, together with a first/second floor self-contained maisonette. The maisonette comprises four rooms, kitchen and bathroom/WC and is accessed by a metal stairway to the rear over the flat roof extension. There is a rear access for loading.