Auction House London

Lot 16

Mixed Use - Commercial Property 

21 Stoke Newington Road

Dalston, London, N16 8BJ

£1,100,000+

Guide Price (plus fees)

A Freehold Mixed Use Building Arranged to Provide a Ground Floor Commercial Unit and Four Self-Contained Flats. Part Let Producing £32,220 Per Annum

By Order of the Executors

Description

The property comprises a mid terrace building arranged to provide a ground floor commercial unit and 4 x two bedroom self-contained flats.

Tenure

Freehold

Location

The property is situated on Stoke Newington Road. Nearby multiples include Co-op Food, Halifax Bank & Boots Pharmacy. The open spaces of Butterfield Park and Hackney Downs Park are within easy reach. Transport links are provided by Dalston Kingsland and Dalston Junction rail stations.

Note

We understand there to be outstanding rent for the ground floor commercial unit which is subject to a dispute. Please refer to the legal pack for more information.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Commercial Unit Ground Shop Let on a 20 Year Lease from 23rd February 2012. Rent Reviews every 5 years. £13,500 Per Annum
Flat 1 Ground Reception Room, Kitchen, Two Bedrooms, Two Bathrooms Vacant Vacant
Flat 2 First Reception Room, Kitchen, Two Bedrooms, Bathroom Let on an AST from 20th August 2021 for a term of 12 months. £18,720 Per Annum
Flat 3 Second Reception Room, Kitchen, Two Bedrooms, Bathroom Vacant Vacant
Flat 4 Third Open Plan Kitchen, Two Bedrooms, Bathroom Vacant Vacant

Additional Fees and Disclaimer

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

Download Legal PackView Details as PDFView VideoEnquire NowFinance AvailableRegister to Bid
Viewing Schedule (No Booking Required)

Tuesday 28th June15:00 - 15:30

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 21 Stoke Newington Road, Dalston, London, N16 8BJ

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