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COMMERCIAL

1 Bruce Grove, Tottenham, London, Haringey, N17 6RA

Guide Price
£800,000
Strettons, Strettons Auctions
PROPERTY TYPE

Mixed Use

BEDROOMS

6

BATHROOMS

6

SIZE

3,143 sq ft

292 sq m

Description

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

Location & Description
The property comprises a Grade II listed freehold end-of-terrace mixed-use building arranged over four floors. Based on the information provided, the accommodation comprises a vacant ground-floor commercial unit together with six self-contained studio apartments arranged across the upper floors. The residential accommodation currently generates an annual rental income of approximately £40,000, with scope to increase to around £72,000 p.a. Subject to letting, the ground-floor commercial unit is considered capable of generating a further rental income of approximately £38,000 p.a., providing a combined potential gross annual income in the region of £110,000.

Occupying a prominent position in the heart of Bruce Grove, the property benefits from excellent exposure within a well-established commercial and residential location. The area is well served by Bruce Grove Overground Station and the nearby Seven Sisters Underground and Overground Station, providing fast connections into Central London. A wide range of shops, cafs, restaurants and everyday amenities are all within easy reach, while ongoing investment and regeneration continue to strengthen occupier demand.

Accommodation
Lower Ground Floor
Commercial unit approx. 103 sqm (1,103 sqft)
Ground Floor
Two Studio Flats approx. 85 sqm (916 sqft)
First Floor
Two Studio Flats approx. 56 sqm (607 sqft)
Second Floor
Two Studio Flats approx. 48 sqm (527 sqft)

Lease Details
Lower Ground Floor Shop Vacant
Six Studio Flats Let on a 12 month commercial business lease from the 1 March 2026 to 28 February 2027 at a rent of £40,000 p.a. outside of the Landlord and Tenant Act 1954
Car Park to Rear Vacant



Note
Auction Surveyor: Bryn Nettle
Contact: bryn.

PLANNING
On 29/06/2016, under reference HGY/2016/0171, The London Borough of Haringey approved planning permission for: "Conversion of existing Grade 2 listed building from office (B1) to C3 to accommodate 2 x maisonettes. Demolition of 1920s ground floor shop front extension and restoration of historic 19th century facade. Erection of 2 x 2 bedroom houses to rear on former garage court with associated parking provision amenity and refuse storage"

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Brochures

Legal Documents

1 Bruce Grove, Tottenham, London, Haringey, N17 6RA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bruce Grove Station0.0 miles
  • Tottenham Hale Station0.6 miles
  • White Hart Lane Station0.7 miles

About Strettons, Strettons Auctions

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Notes

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Disclaimer - Property reference 357052. 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.”