Tenants trading as Kin Performance Fashion Jewellery, Headmasters Barbers and Eden Store
Asset Management opportunities including lease renewal negotiations
Busy trading position close to Seven Sisters tube and Tottenham High Road
To be offered as one lot
VAT-free investment
Lot 43
Auction 23rd October 2014
Rent £26,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
7 miles north of the City of London and London’s West End
Roads
A10, A406 (North Circular), A503
Rail
Seven Sisters and South Tottenham Underground and Railway Stations
Air
London City and Heathrow Airport
Situation
Tottenham is a North London suburb situated 7 miles north of the City of London. The property is prominently situated on West Green Road, in a busy trading position close to its junction with Beaconsfield Road and a short walk from Seven Sisters Road (A503) and Tottenham High Road (A10). Seven Sisters tube station is located a short walk away.
Nearby retailers include Sainsbury’s Local, Costa, Betfred, William Hill, Paddy Power and a number of local operators.
Tenure
Long Leasehold. For a term of 999 years from 29th September 1997 at a peppercorn rent.
Location
Miles
7 miles north of the City of London and London’s West End
Roads
A10, A406 (North Circular), A503
Rail
Seven Sisters and South Tottenham Underground and Railway Stations
Air
London City and Heathrow Airport
Situation
Tottenham is a North London suburb situated 7 miles north of the City of London. The property is prominently situated on West Green Road, in a busy trading position close to its junction with Beaconsfield Road and a short walk from Seven Sisters Road (A503) and Tottenham High Road (A10). Seven Sisters tube station is located a short walk away.
Nearby retailers include Sainsbury’s Local, Costa, Betfred, William Hill, Paddy Power and a number of local operators.
Tenure
Long Leasehold. For a term of 999 years from 29th September 1997 at a peppercorn rent.
Description
The property comprises three retail units each arranged on the ground floor only, forming part of a larger building.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises three retail units each arranged on the ground floor only, forming part of a larger building.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews/(Reversions)
Ground (56 West Green Road)
Retail/Ancillary
33.16 sq m
(357 sq ft)
J DDIER-IGILIMA on assignment (t/a Kin Performance Fashion Jewellery)
12 years from 25/03/2002 on a full repairing and insuring lease
£8,500
(24/03/2014) Holding over
Ground (58 West Green Road)
Retail/Ancillary
46.45 sq m
(500 sq ft)
J OKPABI & B RAYMOND (t/a Head Masters Unisex Haircuts)
16 years from 25/12/1992 on a full repairing and insuring lease
£8,000
(24/12/2008) Holding over
Ground (60 West Green Road)
Retail/Ancillary
62.52 sq m
(673 sq ft)
O KOYALODI (t/a Eden Store)
15 years from 20/06/2003 on a full repairing and insuring lease
