High Road, London, N17

Goldmove Properties is pleased to offer for sale the freehold interest in this attractive mixed-use building situated in a prominent location along the bustling High Road, Tottenham.

The property comprises a self-contained commercial unit arranged over the ground floor and basement, with the added benefit of a private rear garden. The commercial unit is currently let and generating a rental income of £25,000 per annum, with rent reviews every two years, offering secure and growing returns.

Above the commercial unit are two residential flats, both sold off on long leasehold titles:

Flat 1: Leasehold - approx. 160 years remaining

Flat 2: Leasehold - approx. 90 years remaining

The incoming purchaser will acquire the freehold of the entire building, including ownership of the commercial unit and reversionary interest in the residential flats. Both flats are held on leases subject to peppercorn ground rent.

There may also be scope for future development or extension of the property, subject to obtaining the necessary planning consents, particularly in relation to the basement and garden areas.

Key Highlights:

Freehold mixed-use investment

Commercial premises producing £25,000 p.a.

Two long leasehold flats (not included in sale)

Rent review on commercial lease every 2 years

Rear garden included with commercial unit

Potential development opportunity (STPP)

Located in a busy and well-connected part of Tottenham

Strong long-term investment with reversionary value

This is an ideal purchase for investors seeking a secure income-producing asset with future development potential in a rapidly regenerating area of North London.