A Mid Terrace Building Arranged to Provide a Ground Floor Shop Subject to a Lease Producing £37,000 Per Annum and Two Flats on the Upper Floors Both Sold Off on Long Leases

The property comprises a mid terrace building arranged to provide a ground floor shop and two self-contained flats on the first and second floors.

Tenure

Freehold

Same Occupation for 13 Years

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Finsbury Park are within easy reach. Transport links are provided by Finsbury Park underground (Piccadilly line), rail and overground stations.

Accommodation

Ground Floor Retail Area First and Second Floors Two Flats (Both Not Inspected)

Tenancy

The shop is subject to an FRI lease to RSPCA Central London Branch for a term of 10 years commencing 24th December 2022 at a rent of £31,750 per annum, rising to £37,000 in 2026. The Vendor will "top up" the rent to this level upon completion. Both flats are sold off on 125 year leases.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.