Broadway Parade, Crouch End, London, N8 9DB

Description

The property consists of a ground floor office currently occupied by a firm of solicitors (with a small basement store and rear garden) and 2 residential flats above which have been sold off on long leases.

The commercial tenant is holding over on a lease which expired end of January 2021. They currently pay a rent of £30,000 per annum. The premises measures approx. 800 sq. ft.

The 1st floor lease has been extended and the term is now 189 years from January 1985 - no ground rent.

The 2nd floor lease term is 99 years from January 1985 with a ground rent of £150 pa.


Location

Located on Broadway Parade within a mixed use parade between Elder Avenue and Ferme Park Road.

Within close proximity to Crouch End's famous Clock Tower, various local and national
business and Hornsey Station is also nearby.

Tenure

Freehold - subject to the current leases.

EPC

Available upon request

VAT

Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.

Viewing

Via the owners agents PSS Commercial.

PSS kindly asks that all attendees must wear a mask at appointments and follow social distancing rules.

Do not book an appointment if you or someone you have been in contact with is displaying possible Coronavirus (Covid-19) symptoms.