Auction House London

Lot 107

Mixed Use - Commercial Property 

53 Stroud Green Road

Finsbury Park, London, N4 3EF

SOLD PRIOR

Guide Price

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.

Description

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.

Location

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.

Addendum

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

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.

View Details as PDFEnquire NowRegister to Bid
SOLD PRIOR
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

Share this lot

Similar Properties

Lot 7

60 Green Lanes Stoke Newington, London, N16 9NH

*Sold for £380,000

Lot 97

39-41 Lord Street Fleetwood, Lancashire, FY7 6DU

*Unsold. Please refer to Auctioneer for Reserve

Sold Prior
Lot 106

72 High Street Easington Lane, Houghton Le Spring, Tyne and Wear, DH5 0JW

*Sold Prior to auction, for an undisclosed amount

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

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2021 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos