Retail premises for sale in Lordship Lane, London N22, £599,000

599,000.00

Offer Nr.:
47612905
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Drivers & Norris
Phone(s):
020 3463 0619

* Shop with upper part for sale 585 sq ft
_Location_
The premises is located on Lordship Lane which is the main thoroughfare
linking Tottenham and Woodgreen. The area has a strong commercial presence
with shops rarely becoming available. The area is well served by public
transport, with Woddgreen Underground station within walking distance.
_Description_
The premises comprises of a 1x Bedroom Flat currently producing £1, 150 pcm and
the ground floor lock up shop with a lovely rear garden and a small workshop
in the rear are currently producing £17, 000 pax.
The premises is fit out to a high standard, with lovely flooring, glass
frontage, small office, kitchenette and a WC, all refurbished within the last
few years. The ground floor premises further benefits good ceiling height and
ample natural light.
_Accommodation_
1x Bedroom flat: 726 sqft
Ground floor shop: 764 sqft
Garden: 915 sqft
_amenities_
Glass frontage, Kitchenette, WC and garden.
_Terms_
Shop Terms:
Term - 10 year Fri lease (granted inside the Landlord and Tenant Act 1954)
Break Clause - 3rd year (Tenant only, Should the tenant decide to exercise the
break option at the end of the 3rd year a penalty equivalent to 3 months rent
will be payable to the landlord. )
Rent Review - 5th year upward only linked to open market.
_Outgoings_
Prospective parties are advised to make their own enquiries with the Local
Authority.
_Legal costs_
Both parties’ legal costs are to be paid by the ingoing parties.
_Viewing_
Strictly by appointment through the Landlord's agent Drivers & Norris.

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