The Campsbourne Palace Gates Mews, Crouch End, London, N8
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
- USE CLASSUse class orders: A2 Financial and Professional Services, B1 Business, B8 Storage and Distribution, C2 Residential Institutions, C3 Dwelling Houses and Class E
A2, B1, B8, C2, C3, E
Description
Units 1 & 2 sold on a virtual freehold basis, originally 999 years at a ground rent of £100 per unit per year including 3 parking spaces. They contribute to insurance and maintenance.
Unit 3 - sold off on a virtual freehold basis (999 years) £100 ground rent and contributions towards insurance and maintenance.
Unit 4 - sold on a long lease to the vendor in an individual name. The unit has been converted into 3 flats.
4a ground floor, approx. 33 sq.m. currently let at £11,775 per annum.
4b first floor 33 sq.m approx. currently let at £12,075 per annum.
4c is a larger flat over 2nd and 3rd floors approx. 45 sq.m, currently let at £15,050 per annum. Unit 4 benefits from 2 parking spaces.
Unit 5 - This unit is again developed to mirror unit 4 although the rental income is:-
5a - £10,800 pa. 5b - £11,850 pa. 5c - £15,512.87 pa
Unit 6 - Flat A and B are sold off on long leases of 125 years. They pay a service charge and have the parking within the undercroft.
6c is a flat of 28 sq.m. approx. producing £8,891.89 pa. Thus the investment income equates to approximately £86,000 per annum
Location
Set on The Campsbourne just off Hornsey High Street conveniently located for shops and Hornsey Train Station, giving easy access to Central London. Both Priory and Alexandra Parks are a short walk away. Hornsey High Street has a good mix of shops and restaurants. Crouch End is close by.
Business Rates
Council Tax Bands
4a - B, 4b - B, 4c - C, 5a - B, 5b - B, 5c - C, 6a - C, 6b - D, 6c - B
Legal Costs
Each side to bear their own legal costs.
Tenure
Freehold
EPC
4a - Energy Rating D, 4b - Energy Rating C, 4c - Energy Rating D, 5a - Energy Rating E, 5b - Energy Rating D, 5c - Energy Rating E
6a - Energy Rating C, 6b - Energy Rating C, 6c, Energy Rating E
Viewing
Via the owners sole agents PSS Commercial
VAT
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.
Brochures
The Campsbourne Palace Gates Mews, Crouch End, London, N8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hornsey Station0.4 miles
- Alexandra Palace Station0.7 miles
- Turnpike Lane Station0.8 miles
Paul Simon Seaton Commercial is a totally independent commercial property practice. Our partners have over 50 years experience in Commercial Property.
Our practice has a particular strength in Shop and Upper Parts although deals with all types of commercial property from shops, offices and industrial units, to developments sites and houses of multiple occupation (HMO’s).
Our practice deals with Commercial Property in a modern dynamic way, with a tailor-made service specific to eac
Notes
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