Auction House London

Lot 107

Mixed Use - Commercial Property 

53 Stroud Green Road

Finsbury Park, London, N4 3EF

Sold Prior to auction, for an undisclosed amount

A Freehold Mixed Use Semi-Detached Building (Both Flats Sold Off on Long Leases) with the Ground Floor Commercial Unit Let on a 20 year FRI Lease (Restaurant). Producing a Combined Income of £23,700 Per Annum.


The property comprises a semi-detached mixed use building arranged over ground and two upper floors arranged as a ground floor restaurant and two flats above. The flats are both sold off on long leases.


The property occupies a prominent position on a popular parade in the North London area of Finsbury Park amongst the shops and amenities of Stroud Green Road. Nearby multiples include Sainsburys and Nandos. Transport links are provided by Finsbury Park overground and rail stations.


Sold Prior

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Ground Floor Shop Restaurant Area, Bar Area, Kitchen, Separate WC's 20 Year FRI Lease Commencing 16th December 2019 at £5,875 quarterly. With 5 yearly rent reviews. £23,500
First Flat A Sold off on a 999 year lease from 2020 £100
Second Flat B Sold off on a 999 year lease from 2020 £100

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.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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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

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Enquire about 53 Stroud Green Road, Finsbury Park, London, N4 3EF

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