High Street, Hornsey, London N8

2 shops on the ground floor which are let (see below) plus 4 flats over 1st & 2nd floors. The flats are sold off on 125 year leases commencing in range from 2001-2004 with approximately 100 years remaining (on average) at £10 pa ground rent each.

TENANCIES:

11 High Street - Let on a 10 year lease from 13.05.2021 at £12,750 pa with a rent review on 13.05.2026.

13 High Street - Let on a 10 year lease from 24.01.2020 at £10,000 pa with an outstanding rent review from 24.01.2025.

Residential - Flats 1-4 are let as follows:

Flat 1 let for a term of 125 years from 03.11.2003 at £10 pa ground rent
Flat 2 let for a term of 125 years from 22.01.2001 at £10 pa ground rent
Flat 3 let for a term of 125 years from 25.10.2004 at £10 pa ground rent
Flat 4 let for a term of 125 years from 13.10.2014 at £10 pa ground rent

Total income £22,750 pa

Location:
Situated on the northern side of High Street, Hornsey N8 (A504), in between the junctions of Myddleton Road and Campsbourne Road in a mixed use area. Both Greig City Academy (formerly St Davids & Katherines school) and Priory Park are both situated close by. The nearest station is Hornsey overground station which is within walking distance and Turnpike Lane underground station which is approximately 1 mile east.

Areas:
11 High Street 381 sq ft (35.42 sq m)
13 High Street 489 sq ft (45.44 sq m)

Terms:
Available freehold — offers invited in excess of £300,000