*Guide | £450,000+ (plus fees)
- Retail Property (high street)
- 3 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit Let to a Subway Franchise Producing £30,000 Per Annum and Three Flats on the Upper Floors (All Sold off on Long Leases)
The property comprises a mid terrace building arranged to provide a ground floor retail unit and three flats arranged over first, second and third floors.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Paddy Power, Lyca and KFC. The open spaces of Whittington Park are within easy reach. Transport links are provided by Arsenal underground station (Piccadilly line) and Harringay rail station.
Accommodation
Ground Floor Retail Unit G.I.A Approximately 69 sq m First, Second and Third Floors Three Flats (Not Inspected)
Tenancy
The property is let to Sugar Land Enterprises Ltd (t/a Subway) for a term of 25 years commencing 22nd March 2004 at a rent of £30,000 per annum. The three flats are each sold off on a 999 year lease from 26th June 2007 at a peppercorn ground rent.
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
