Sold £79,000
- Retail Property (high street)
- Tenure: Leasehold. The property is held on a 99 year lease from 24th June 1947 (thus approximately 23 years unexpired).
Call the team on 020 7625 9007 for more information
A Ground Floor and Basement Level Shop Subject to a Tenancy Producing £13,200 Per Annum
The property comprises a ground floor and basement level shop situated within a mid terrace building arranged over basement, ground and four upper floors.
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.
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)
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.
Current Rent Reserved
Current Rent Reserved £13,200 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
