Additional text is available below.Located in the heart of Tottenham along the vibrant and eclectic High Road, this Freehold Investment building comprises a part-bay fronted Victorian 3-storey property of significant charm and appeal, forming an end terrace of just two properties, providing immediate character to this part of the parade. The building is presented in reasonable decorative order throughout and is currently arranged as a number of small business enterprise all of which are held under a single lease of 8 years duration, commencing on 13th September 2019 thereby leaving an unexpired term of 5.66 years remaining. In addition to the internal accommodation there is a good sized yard to the rear with vehicular access. We are of the view that, subject to vacant possession and the necessary planning consents, residential accommodation could be created to the upper floors.
The High Road, Tottenham is an extremely popular and well served district of North London with extensive and genuinely heavy footfall along this mostly retail parade combined with a thriving and positive community who benefit from being well served by transport links such as Tottenham Hale and Seven Sisters, via the Victoria Line and National Rail networks respectively.
The building itself is close to a number of well-established retail destinations to include Aldi, Iceland, numerous medical businesses and a number of highly regarded independent eateries.
TENURE: Freehold subject to the current occupiers possession.
BUSINESS RATES: £11,750 per annum.
RATES PAYABLE: £5,750.50 Note: Small Business Rates Relief may apply.
EPC Rating: B (43)