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A Ground Floor Retail Unit Subject to a Commercial Lease Producing £18,000 Per Annum
The property comprises a ground floor retail unit situated within an end of terrace building arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 25th December 1995 (thus approximately 99 years unexpired).
By Order of the LPA Receivers
Location
The property is situated on an established parade in the popular North London area of Crouch End close to local shops and amenities. Nearby multiples include Argos and Sainsburys both of whom are opposite. The open spaces of Priory Park are within easy reach. Transport links are provided by Hornsey rail station.
Accommodation
Ground Floor Retail Area 32.96 sq m (355 sq ft) Kitchen 6.32 sq m (68 sq ft) Storage 15.28 sq m (164 sq ft) WC 2.96 sq m (32 sq ft)
Exterior
The property benefits from a rear garden.
The property has not been inspected by Auction House London. All information has been taken from a surveyors report (dated January 2015).
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.