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32 Topsfield Parade Tottenham Lane, Crouch End, London, N8 8PT

Guide Price
£400,000
Strettons, Strettons Auctions
PROPERTY TYPE

Retail Property (high street)

BATHROOMS

1

SIZE

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Key features

  • Freehold

Description

** For sale by public auction on 10th July at 12:00 **

Location & Description
A mid terrace property comprising a ground floor shop with 3 self-contained flats above all sold off on long leases.

Located in a popular mixed commercial/residential area the north side of Topsfield Parade (A103) and is approximately 0.6 miles away from Hornsey Road (Overground Station) and 1.2 miles away from Highgate underground station (Northern Line). The property is very close to amenities ranging from restaurants, to cafes, banks and local independent stores.

Accommodation
Ground Floor Shop: 1,193 sq ft (110 sq m)

Tenure
Freehold

Tenancy Details
Ground Floor: Let on a repairing and insuring lease to Marie Curie - 10 years from December 2018 at £40,000 p.a. Rent review after 5 years (December 2023). We understand that Marie Curie have been trading from the property for 35 plus years.

3 Flats: 2 of the flats are on a 125 year lease from 1989 with ground rent increases every 30 years (Currently at £200 p.a).
The other first floor flat is on a 210 year lease from 1989 with a peppercorn ground rent.

Note
Auction Surveyor: Michael Mercer
michael.

EQUIVALENT TO £40,400 p.a. (Includeds ground rent for 2 of the 3 upper apartments)

EPC Rating
C

Viewing Times

Brochures

Legal Documents

32 Topsfield Parade Tottenham Lane, Crouch End, London, N8 8PT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hornsey Station0.6 miles
  • Crouch Hill Station0.7 miles
  • Harringay Station0.8 miles

About Strettons, Strettons Auctions

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Auctions are a fast, transparent and efficient method of property sale, with transactions closing in as little as 28 days. Our dedicated team is here to help with each stage of the process and answer any questions about buying or selling property at auction.

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Notes

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Disclaimer - Property reference 292550. 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 Strettons, Strettons Auctions. 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 Strettons, Strettons Auctions on 020 3840 3721.

*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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