Location On Map
PRIME FREEHOLD INVESTMENT FOR SALE, IN TOTTENHAM
Location:
The property is situated in a prime position on the corner of High Road Tottenham and Bruce Grove. The immediate occupiers include Superdrug, McDonalds, Iceland, Asda and Poundland. Transport facilities are excellent with Bruce Grove Station (London Overground) being immediately opposite. Numerous bus routes also serve the area.
Description:
The property comprises a parade of 5 retail shops together with six self-contained flats arranged on the first & second floors (1 x 1 bed, 4 x 2 bed flats, and 1 x 3 bed flat).
Accommodation:
| Commercial | |||||
| Unit | Floor | Gross Internal Area | Rent | Lease | Rent Review |
| 513 | Ground | 160 Sq Ft | £4,500 pax | Sub-lease | Holding Over |
| 515-519 | Ground | 532 Sq Ft | £32,500 pax | 15 years from
16/04/2022 – 05/04/2037 |
06/04/2027 |
| 521 | Ground
|
306 Sq Ft | £20,352 pax | 12 years from
30/10/2019 – 29/10/2031 |
30/10/2023
30/10/2027 |
| 523
|
Ground | 474 Sq Ft | £21,000 pax | 8 years from
18/04/2018 – 17/04/2026 |
17/04/2022 |
| 525
|
Ground | 681 Sq Ft | £23,000 pax | 10 years from
16/01/2015 – 15/01/2025 |
29/09/2021 |
Total Commercial Rental Income: £101,352 pax
| Residential | |||||
| Unit | Floor | Description
|
Gross Internal Area | Rent
|
Term |
| Flat 1 | 1st Floor | 2 bed | 646 Sq Ft | £15,600 per annum | 1 year AST from 21/10/2021 |
| Flat 2 | 1st Floor | 2 bed | 470 Sq Ft | £14,400 per annum | 1 year AST from 18/09/2021 |
| Flat 3 | 1st Floor | 1 bed | 323 Sq Ft | £11,100 per annum | 1 year AST from 26/08/2021 |
| Flat 4 | 1st Floor | 2 bed | 606 Sq Ft | £15,600 per annum | 1 year AST from 13/11/2021 |
| Flat 5 | 1st & 2nd Floor | 2 bed | 627 Sq Ft | Estimated rent £15,600 per annum | Vacant |
| Flat 6 | 2nd Floor | 3 bed | 824 Sq Ft | £19,500 per annum | 1 year AST from 09/10/2021 |
Total Residential Rental Income: £91,800 pax
Total Actual Rental Income: £177,552 pax
Total Estimated Rental Income: £193,152 pax once the vacant flat has been let
Tenure:
Freehold (with the exception of 513 High Road)
Price:
Offers in Excess of £3,000,000 (Subject To Contract)
Identification:
Under the Anti Money Laundering Regulations 2017, we are obliged to verify the identity of proposed buyers prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.
Viewing:
Strictly by appointment through Christo & Co.
Contact: Paul Stone 020 7482 1203 / 07973 845 462 / paul.stone@christo.co.uk
Subject To Contract
NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: May 2022.
Address
Additional Details
Location On Map
Contact Team Member
Paul Stone FICBA FNAEADirector
- paul.stone@christo.co.uk
- 020 7482 1203
- 66-70 Parkway London NW1 7AH
- https://www.christo.co.uk/wp-content/uploads/2018/01/naea-commercial-.png
