21 Palace Exchange, Hatton Walk, EN2 6BP
New Lease Available
Enfield
cushmanwakefield.com
All viewings and inspections must be arranged via sole letting agents Cushman & Wakefield LLP or JLL:
Chris Baker 020 7152 [email protected]
Faith Robins 020 3296 [email protected]
Cushman & Wakefield43/45 Portman SquareLondon, W1A 3BG
JLL020 7493 4933www.jll.co.uk
ENERGY PERFORMANCE CERTIFICATE (EPC)TBC
PLANT & EQUIPMENTNone of the systems or equipment inthe property have been tested by us tocheck they are in working order.Purchasers/lessees may wish to maketheir own investigations.
LEGAL COSTSEach party is to be responsible fortheir own legal costs incurred in thistransaction.
LOCATIONPalace Exchange Shopping Centre comprises 374,000 sq ft of retail spacein Enfield, adjoining Palace Gardens Shopping Centre. The two shoppingcentres provide the prime retail offer in the town. Palace Exchange isanchored by TK Maxx, Next, Topshop, River Island and H&M.
Other retailers in the centre include Office, New Look, Superdrug, CaffèNero, Pandora and River Island.
The subject unit is located in a prime position adjacent to Clarks and with aprominent view from Church Street.
TENUREThe premises are to be made available by way of a new full repairing andinsuring lease for a term of 10 years, subject to 5 yearly upward only rentreview.
RENT£185,000 per annum exclusive.
Accommodation Sq m Sq ft
Ground Floor 254.32 2,737
First Floor 384.18 4,135
Areas are indicative net internal areas and subject to measured survey upon completion.
Business Rates
Rateable Value (2010) £202,000
Rates Payable (2016/17) £101,606
Interested parties are advised to make their own enquiries with the London Borough of Enfield (020 8379 1000) to verify these figures.
Service Charge
Service Charge (2016) £25,582
MISREPRESENTATION ACT 1967 & PROPERTY MISDESCRIPTIONS ACT 1991
Cushman & Wakefield LLP, their clients and any joint agents give notice that: (i) these particulars do not form any part of any offer or contract and must not be relied upon as statements or representation of fact. (ii) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatever in relation to this property. (iii) Floor areas, measurements or distances given are approximate. Unless otherwise stated, any rents or outgoings quoted are exclusive of VAT. (iv) Any descriptions given of the property cannot be taken to imply, it is in good repair, has all necessary consents, is free of contamination, or that the services and facilities are in working order. Interested parties are advised to carry out their own investigations as requested.
Regulated by the Royal Institution of Chartered Surveyors.
New Lease Available
Enfield21 Palace Exchange, Hatton Walk, EN2 6BP
3rd February 2016
