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SOLD STC

2 Norman Road, Tottenham, N15 4ND

Offers Over
£4,000,000

Business rates & charges may apply

GLPG, Marylebone
SIZE

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SECTOR

Residential development for sale

USE CLASSUse class orders: Class E

E

Site Location PlanExisting Elevations
5

Key features

  • Freehold Class E building across two-storeys
  • The Building extends to approximately 1,570 sqm (16,899 sqft)
  • Entirely let to Pirate Studios Properties Limited with the lease expiring in April 2040
  • Passing rent of £242,455.50 with 5-yearly RPI-linked rent reviews
  • The landlord has an option to terminate this lease on or before 19th June 2025, by giving the tenant not less than 3 months written notice
  • The total proposed residential NIA is approximately 1,079 sqm (11,607 sqft)
  • Potential for further residential accommodation through an increase in height and massing, subject to obtaining all necessary consents
  • The property is a 5-minute walk from Seven Sisters Underground Station

Description

The site extends to approx. 0.27 acres and comprises a two-storey commercial building and yard. The building extends to approx. 1,570 sqm (16,899 sqft).

The entire building is let to Pirate Studios Properties Limited with the lease expiring in April 2040. Passing rent of £242,455.50 with 5-yearly RPI-linked rent reviews. The landlord has an option to terminate this lease on or before 19th June 2025, by giving the tenant not less than 3 months written notice.

A prior approval has been granted to convert the existing building into 21 apartments. The total proposed NIA is approx. 1,079 sqm (11,607 sqft).

There is a potential for further residential accommodation through an increase in height and massing, subject to obtaining all necessary consents.

Brochures

2 Norman Road, Tottenham, N15 4ND

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seven Sisters Station0.2 miles
  • South Tottenham Station0.2 miles
  • Tottenham Hale Station0.6 miles

About GLPG, Marylebone

3 Fitzhardinge Street, London, W1H 6EF

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NormanRoad. 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 GLPG, Marylebone. 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.

Map data ©OpenStreetMap contributors.

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