399 Green Lanes, Haringey, London, N4 1EU

Interested parties should contact Knight Frank Auctions for further information.

Description
The property arranged over ground and 2 uppers floors, comprising a ground flood take away with kitchen & staff accommodation.
The upper floors accessed from the rear comprises 2 self-contained flats on the first and second floors.
The property is located on the vibrant Green Lanes close to its junction with Burgoyne Road just to the north of Harringay Green Lanes Overground Station.
Nearby occupiers including McDonalds, Pizza Hut, Ladbrokes, The Old Ale Emporium together with a number of specialist independent retailers, cafes and restaurants.

FLOOR AREAS
Ground Floor Retail 94.5 sq m (1,017 sq ft)
First Floor 3 Bed Flat - 57.5 sq m (619 sq ft)
Second 1 Bed Flat - 33.9 sq m (365 sq ft)
Total Floor Area 185.9 sq m (2,001 sq ft)

TENURE
Freehold

TENANCY
Shop let to FT FOODS LIMITED (t/a KFC) for a term of 20 expiring 24th December 2029 , followed by an reversionary lease for a term of 10 years from & including 25th December 2029 to 24th December 2039 at a rent of £26,000 pa. Rent Review Dec 2025 outstanding. (1)
Flat A 3 Bed Flat let to an Individual on an AST at £1,950 pcm (annualised - £23,400 pa)
Flat B 1 Bed Flat let on an Individual on an AST at £1,800 pcm (annualised - £21,600 pa)

Total Gross Rent Reserved - £71,000 per annum exclusive

VAT
VAT is not applicable

EPC
RATINGS D, D & D

VIEWINGS
Strictly by appointment only please contact Rebecca.

Location
The property is located on the vibrant Green Lanes (A105) in a predominantly residential suburb, close to its junction with Burgoyne Road just to the north of Harringay Green Lanes Overground Station.
Nearby occupiers including McDonalds, Pizza Hut, Ladbrokes, The Old Ale Emporium together with a number of specialist independent retailers, cafes and restaurants.
Harringay Station Great Northern is 600 metres to the west and Finsbury Park 350 metres to the south. The North Circular (A406) is 2.5 miles to the north.

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.