43 Crouch End Broadway, London N8 8DT
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 14 May
- Prominent Freehold Shop and Residential Investment
- Arranged as a ground floor patisserie and cafe with a self-contained 3 bedroom maisonette above
- Let on an overriding lease expiring 2031
- Crouch End is an affluent North London suburb
- Property has been in the same ownership since 1965
- Well located in the heart of Crouch End opposite the Clock Tower
- VAT is not applicable
- 6 Week Completion Available
- Investment let at £49,500 p.a. (6.82% GIY on Guide Price)
Description
StrapLine
Auction Sale - 13/05/2025Prominent Freehold Shop and Residential Investment, arranged as a ground floor shop with a self-contained 3 bedroom maisonette above. Let on an overriding lease expiring 2031. Let at £49,500 p.a.
Description
The property is arranged on ground and 2 upper floors to provide for a ground floor patisserie and cafe with a self-contained 3 bedroom maisonette above.
The front of the shop is arranged as a patisserie with cafe seating (32 covers) to the rear.
The maisonette is accessed from The Broadway
Location
Crouch End is an affluent north London suburb approximately 5.5 miles from the City of London
The property is situated in the heart of Crouch End opposite the Clock Tower, on the north side of Crouch End Broadway and close to its junction with Crouch Hall Road
Occupiers close by include Waitrose, Ladbrokes, EE, Gail's, Hamptons Estate Agents amongst many others
Transport
Road - The area is served by Park Road (A1201), Tottenham Lane (A103) with the A1 and A406 road within a short distance
Tube - Highgate Underground Station (Northern Line) is around 1.5km to the west, whilst Finsbury Park Underground (Victoria & Piccadilly Lines) is a little over 2km south
Train -Crouch Hill Overground station is 1km to the south & Hornsey Rail Station is 1km to the north east
Tenancy
Let to M Ladjessa Esq on a full repairing and insuring(FRI) lease for a term of 20 years from June 2011 at £49,500 per annum.
The lease provides for 5 yearly rent reviews
Accommodation
Ground Floor - 89.2 sq m (960 sq ft)
First Floor - 2 Rooms, Kitchen and Bathroom
Second Floor - 2 Rooms Maisonette total - 83 sq m (893 sq ft)
Total - 172.2 sq m (1,853 sq ft)
43 Crouch End Broadway, London N8 8DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Crouch Hill Station0.7 miles
- Hornsey Station0.7 miles
- Harringay Station0.8 miles
Notes
Disclaimer - Property reference 187-16372. 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 Savills 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 Savills Auctions, London on 020 3909 6715.
*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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