Lot 4
Mixed Use - Commercial Property
514 High Road
Tottenham, London, N17 9SX
Withdrawn Prior to Auction
A Commercial & Residential Head Lease Investment Producing a Net Income of £29,400 per annum
Description
Tenure
EPC Rating
Overflow
The property is situated on an established shopping parade in the Noth London area of Tottenham. Nearby multiples include MacDonalds, Superdrug, Ladbrokes, Poundland and numerous local traders. Transport links are provided by Bruce Grove overground station.
Viewing Details
Tuesday 27th March 12:00 - 12:30
Tuesday 3rd April 12:00 - 12:30
Bold Black Text
Accommodation & Tenancy Schedule
Property | Floor | Accommodation | Terms of Tenancy | Current Annual Income |
---|---|---|---|---|
Shop | Ground | Shop Area Frontage 15'8" GIA 750 sq ft |
Let on an FRI lease to Specsavers Optical Superstores Ltd for a term of 10 years commencing 12th September 2017. Reviews every 5 years. | £50,000 |
Flat A | First & Second | Two Bedroom Self-Contained Maisonette | Let on a 12 month AST from 27th September 2017 at a rent of £1,250 pcm | £15,000 |
Additional Fees and Disclaimer
Administration charge: £1,500 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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. 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.
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