10 & 10A Chaseville Parade, off Chaseville Park Road, Winchmore Hill London N21 1PG

10 & 10A Chaseville Parade, off Chaseville Park Road,
Winchmore Hill
London
N21 1PG

Freehold Retail and Residential Investment

Retail Shop and a 3 Bedroom Self-Contained Maisonette and Garage
Affluent North London Location
Busy Neighbourhood Shopping Parade
First Time on the Market for 45 years
VAT Free Investment
Neighbouring Occupiers Include Coral and a Mix of Independent Retailers

Lot
1
Auction
18th May 2022
Rent
£21,000 per Annum Exclusive
Status
Sold
Price
£570,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Retail Shop and a 3 Bedroom Self-Contained Maisonette and Garage
Affluent North London Location
Busy Neighbourhood Shopping Parade
First Time on the Market for 45 years
VAT Free Investment
Neighbouring Occupiers Include Coral and a Mix of Independent Retailers

Lot 1
Auction 18th May 2022
Rent £21,000 per Annum Exclusive
Status Sold
Price £570,000
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 8.5 miles north of the City of London
Roads: A110, A10, A406, M25
Rail: Oakwood Underground Station (Piccadilly Line), Grange Park Railway Station, Winchmore Hill Railway Station
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport

Situation

Winchmore Hill is an affluent North London residential suburb within the London Borough of Enfield. The location benefits from being approximately 8.5 miles directly north of the City of London and approximately 2 miles equidistant between the A406 North Circular and the M25.

The property is situated within a busy neighbourhood shopping parade on the north side of Chaseville Park Road within a predominantly affluent residential area. Neighbouring occupiers include Coral and a range of independent retailers, cafes and hair salons.

Tenure

Freehold.

Location

Miles: 8.5 miles north of the City of London
Roads: A110, A10, A406, M25
Rail: Oakwood Underground Station (Piccadilly Line), Grange Park Railway Station, Winchmore Hill Railway Station
Air: London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a self-contained ground floor retail unit and a self-contained 3 bedroom maisonette on the upper two floors. The property benefits from a single garage within a garage block to the rear of the property.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

Band C (Residential) Band C (Commercial)

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

Band C (Residential) Band C (Commercial)

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx sq m)	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.	Reversion
Ground First Second Rear Service Road	Retail Residential Residential Garage (2)	101.80 sq m 32.61 sq m 27.52 sq m Not Measured	(1,095 sq ft) (351 sq ft) (296 sq ft) Not Measured	INDIVIDUAL t/a Vas Barbers (1)	15 years from 24/06/2011	£21,000	23/06/2026
Total Approximate Floor Area		161.93 sq m	(1,742 sq ft)			£21,000

(1) The Landlord is holding a rent deposit of £4,437.50.
(2) Some structural defects have been identified on the garage. Please see legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.