500-508 High Road, London, Tottenham, N17 9JF
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Description
Guide Price £850,000+
The property will be sold by public auction on 12th November at 12:00am
Legal Documents
For a complete view of the legal documents, please download the legal pack from our website.
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Description
Leasehold
The property is held on the following leases:
From 25th March 1971 to 25th December 2156
From 25th March 1971 to 24th March 2032
The Current Rent is £190,000 Per Annum
FIRST TIME ON THE MARKET FOR 18 YEARS
Head Leasehold Investment Producing £370,086 Per Annum (Net Income £180,086 Per Annum) in part until 2032 and 2156 Occupiers include by McDonalds and Savers
The property comprises a terrace of three shops with ancillary accommodation to the upper floors within two adjoining three storey mid terrace buildings. The first and second floors benefit from their own separate rear access.
Location
The property is situated on a primary shopping parade in the North London area of Tottenham. Transport links are provided by Bruce Grove rail station together with local bus services serving the surrounding vicinity. The property serves a mixed catchment area of both residential and commercial properties with further trade being gained by pedestrian and vehicular traffic
Viewing Times
Brochures
Legal DocumentsOnline Bidding500-508 High Road, London, Tottenham, N17 9JF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bruce Grove Station0.1 miles
- Tottenham Hale Station0.6 miles
- Seven Sisters Station0.7 miles
Notes
Disclaimer - Property reference 265973. 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 Swift Property Auctions, 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 Swift Property Auctions, London on 020 7123 9417.
*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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