28, 28(A) & 28(B) Market Place, Falloden Way, Hampstead Garden Suburb
- PROPERTY TYPE
Shop
- SIZE
Ask agent
Key features
- For sale by online auction
- Retail
Description
TO BE SOLD BY ONLINE AUCTION AS LOT 84 ON WEDNESDAY 22 MAY 2024 - Head Leasehold Shop and Two Self-Contained Flats
London Borough of Barnet
Situated near to the junction with Northway, close to a good variety of local retailers and East Finchley Tube Station (Northern Line).
A Terrace Shop and Three Floor Upper Part arranged as follows:
28(B) Market Place
A Self-Contained Second and Third Floor Maisonette comprising:
Four Bedroom Maisonette
Let on an Assured Shorthold Tenancy at £1,600 per calendar month.
EPC Rating: D
Council Tax Band: D
28(A) Market Place
A Self-Contained First Floor Flat comprising:
Two Bedroom Flat
Let on an Assured Shorthold Tenancy at £1,350 per calendar month.
EPC Rating: D
Council Tax Band: C
Ground Floor Shop
Please note the subject property is sublet to the current tenant who is Mr Mohammad Usman Chaudhry, basic lease terms are as follows:
Term: Commencing 1st January 2019 expires on 21st June 2030.
Rent: £18,600 per annum
Note: We have been advised that there is a rent review to the shop coming up in July 2024.
The entire property is subject to a headlease for a term expiring on 23rd June 2030, thus having approximately 6 years unexpired.
Producing £54,000 per annum
28, 28(A) & 28(B) Market Place, Falloden Way, Hampstead Garden Suburb
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Finchley Station0.8 miles
- Golders Green Station1.0 miles
- Finchley Central Station1.1 miles
About the agent
We are leading UK Auctioneers and hold regular sales throughout the year. We sell a wide variety of Residential, Commercial and Investment Property throughout London and the Greater London Area.
We are open Monday to Friday 9am - 6pm and Saturdays 9:30am - 1pm.
At McHugh & Co, we aim to ensure our customers needs are met by our professional and attentive team of staff. Having been established in 1983, we have an extensive knowledge of the property market.
Notes
Disclaimer - Property reference 69243082-14cd-40d2-866d-18ff60975a48. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by McHugh & Co, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call McHugh & Co, London on 020 3907 9877.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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