Floorplan
MapPrice on application
13,723 sq ftLeisure facility for sale
Broadway Parade, London, N8 9DE
Leisure facility
13723
Features and description
- Grade II Listed Building
- Ground Floor Bar/ Restaurant With Outside Seating Area
- Fully Let & Income Producing
- Total Current Income: £331,460 pax plus Vat
- 6 X1 Bed Flats, 4 Studio Flats & 1x2 Bed Flat
- Affluent Residential/Commercial Area
- Total Area 13,723 Sqft
Description
Comprises a highly prominent Grade II listed building of Victorian construction arranged over lower ground, ground, first, second and third floors. The lower ground provides beer cellar and storage with the ground floor providing a large open plan trading area split up into two main areas being the bar and the restaurant area. The ground floor is presented to a high standard with feature island bar servery, seating and a restaurant area with its own galley kitchen, and benefits from an outside seating area. The first floor provides the commercial kitchen together with 1x3 bed and 2 studio flats which are used by members of staff. The second and third floors are split up to provide 6x1 bed flats, 4 studio flats and 1x2 bed flat.
Location
The property is located in a highly prominent position on the corner of the Broadway, Elder Avenue and Tottenham Lane. The building is within the heart of the shopping area amongst many well known multiple and local retailers and within an affluent residential area. The area is well served by numerous bus routes.
Commercial Tenant
The entire Lower Ground, Ground and First floors is Let to Blubeckers Ltd (01994330) on a proportional FR&I Lease for a term of 15 Years from the 24th December 2022 subject to 5 yearly rent reviews at a rent of £170,000 pax plus Vat. The tenant has agreed to assign their Lease to urban Bars & Pubs Ltd (08872447). Further details available upon request.
Residential Tenancies
The 11 residential flats arranged on the second and third floors are all Let on separate AST agreements at a total rent of £161,460 pax.
Freehold Price
Price upon Application (Freehold Title Number: MX179198)
Identification
In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful tenant
Viewings
Strictly by appointment through owner’s SOLE agents as above
Comprises a highly prominent Grade II listed building of Victorian construction arranged over lower ground, ground, first, second and third floors. The lower ground provides beer cellar and storage with the ground floor providing a large open plan trading area split up into two main areas being the bar and the restaurant area. The ground floor is presented to a high standard with feature island bar servery, seating and a restaurant area with its own galley kitchen, and benefits from an outside seating area. The first floor provides the commercial kitchen together with 1x3 bed and 2 studio flats which are used by members of staff. The second and third floors are split up to provide 6x1 bed flats, 4 studio flats and 1x2 bed flat.
Location
The property is located in a highly prominent position on the corner of the Broadway, Elder Avenue and Tottenham Lane. The building is within the heart of the shopping area amongst many well known multiple and local retailers and within an affluent residential area. The area is well served by numerous bus routes.
Commercial Tenant
The entire Lower Ground, Ground and First floors is Let to Blubeckers Ltd (01994330) on a proportional FR&I Lease for a term of 15 Years from the 24th December 2022 subject to 5 yearly rent reviews at a rent of £170,000 pax plus Vat. The tenant has agreed to assign their Lease to urban Bars & Pubs Ltd (08872447). Further details available upon request.
Residential Tenancies
The 11 residential flats arranged on the second and third floors are all Let on separate AST agreements at a total rent of £161,460 pax.
Freehold Price
Price upon Application (Freehold Title Number: MX179198)
Identification
In accordance with Anti-Money Laundering Regulations, two forms of identification will be required from the successful tenant
Viewings
Strictly by appointment through owner’s SOLE agents as above
Property information from this agent
About this agent
Christo & Co is a highly reputable firm of Estate Agents and Surveyors, established in 1985 by Chris Christo. They deliver a professional yet personalised service, with clients benefiting from the expertise of their highly experienced team of surveyors, valuers, and commercial and residential agents.