A Commercial and Office Investment Comprising Two Shops with First Floor Offices and Two Containers. Both Shops and the Offices are Let Producing a Combined Income of £85,110 per annum. Offered with Planning Permission (Along with No. 240) to Erect a Second Floor to Provide a Further Three Flats (Two x Two Beds and One x Three Beds).
Tenure (2nd Column)
Planning (2nd Column)
Accommodation & Tenancy Schedule
|238 Stamford Hill||Ground||Shop||William Hill Organisation Limited||25 year FRI lease from March 1992 expiring in March 2017||£35,000||Reviews every 5 years|
|238 Stamford Hill||First||Offices||Mr & Mrs Feldman t/a Mosdor Estates||FRI Lease for 10 years from 6th June 2000 (holding over)||£36,850|
|Rear of 238 Stamford Hill (accessed via Egerton Gardens)||Ground||Shop||Mr N Tager t/a Mazel Trading known as Royal Kids Clothes Shop||FRI lease expiring in March 2017||£10,400|
|Container 1||Mosdor Estates||Let on a licence at a rent of £25 per week||£1,300|
|Container 2||Mr Segal||Let on a licence at a rent of £30 per week||£1,560|
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.
Enquire about 238 Stamford Hill, London, N16 6TT
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