*Guide | £525,000+ (plus fees)
- Commercial Property
- Tenure: Leasehold. Part of the property is held on a 185 year lease from 25th March 1971 (thus approximately 130 years unexpired). The other part expires in 2032 (thus approximately 6 years unexpired) at a current ground rent of £190,000 per annum.
Call the team on 020 7625 9007 for more information
A Parade of Two Buildings Comprising of Three Retail Units and a Function Suite Let to McDonalds, Savers and Others Producing a Gross Combined Rent of £374,755 (Rising to £387,755 in 2027 and £402,755 in 2030) and a Net Combined Rent of £184,755 (Rising to £197,755 in 2027 and £212,755 in 2030).
The property comprises a parade of two buildings arranged to provide three retail units and a function suite across ground, first and second floors.
Tenure
Leasehold. Part of the property is held on a 185 year lease from 25th March 1971 (thus approximately 130 years unexpired). The other part expires in 2032 (thus approximately 6 years unexpired) at a current ground rent of £190,000 per annum.
Location
The property is situated on a popular commercial road close to local shops and amenities. Nearby multiples include Specsavers, Ladbrokes and Poundland. The open spaces of Down Lane Park are within easy reach. Transport links are provided by Tottenham Hale underground (Victoria line) and rail stations.
VAT
VAT is applicable
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.
