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No longer on the market

This property is no longer on the market

Retail property (high street)

Auction
Retail property (high street)
Added > 14 days

Features and description

  • A Ground Floor and Basement Level Shop Subject to a Tenancy Producing £13,200 Per Annum
Guide Price = £40,000+

*For Sale By Online PublicAuction 8th February 2023 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Ground Floor and Basement Level Shop Subject to a Tenancy Producing £13,200 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 1947 (thus approximately 23 years unexpired).

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Down Lane Park are within easy reach. Transport links are provided by Tottenham Hale underground (Victoria line) and rail stations.

Description
The property comprises a ground floor and basement level shop situated within a mid terrace building arranged over basement, ground and four upper floors.

Accommodation
Ground Floor
Shop Area
G.I.A. Approx 46 sq m (497 sq ft)

Basement
Shop Area
G.I.A. Approx 29 sq m (315 sq ft)

Accommodation
Tenancy
The property is subject to a Tenancy for a term of 10 years commencing July 2022 at a rent of £13,200 per annum rising to £16,000. Rent Review in 2027.

Note
Open for Viewings During Usual Business Hours
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About this agent

Auction House London - Hampstead
Auction House London - Hampstead
5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6AL
020 8022 1911
Full profileProperty listings
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in 2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firmly believe in the importance of extensive online marketing campaigns in addition to the traditional offline methods. Our forward thinking approach to auctions has been regularly applauded and we are very proud to be recognised as offering extremely high levels of customer service to all of our clients. With a proven track record in residential and commercial investments and property auctions, the team offers a fresh and energetic approach to their auctions, providing a quality service that achieves the right results for all parties.
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