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    Key features

    • Investment let at £80,000 p.a.
    • 10 year term with effect from 31st January 2023.
    • Fully Repairing and Insuring Lease. Contracted outside of the landlord and tenant act.
    • Let to a multiple pub operator and fully redecorated through out
    • Landlord only break clause upon the fifth anniversary
    • Self-contained five-bedroom flat to the upper parts
    • Less than 400 m from Bruce Grove Station
    • An approx. 0.5 miles from Tottenham Hotspur F.C. Stadium.
    • Total GIA an approx. 394 sq m (4,240 sq ft)
    • 6 week completion

    Description

    An imposing red-brick terraced property of Victorian Style constructed on three storeys, above part basement beneath a slate covered roof. There is a single storey extension to the rear. The building benefits from self-contained access to the upper parts in addition to an enclosed yard to the rear.

    The property has recently been refurbished/decorated through out and is finished to a high standard.

    The property is let to a multiple pub operator - Click here for website link

    The property benefits from a Premises Licence permitting the sale of alcohol from 11:00am until 11:00pm on Sunday, from 10:00am until 11:00pm on Monday to Friday and from 11:00am until 1:00am on Saturday.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Ground Floor - Open plan trading area to the front decorated in a traditional style, fitted with a single side servery, exposed timber flooring, perimeter seating and air conditioning. A set of male and female customer WC’s separate the front bar from the rear bar area, which is also fitted with a single bar servery and carpeted flooring. There is an enclosed trade patio to the rear.


    First Floor - Three bedrooms, a domestic kitchen and bathroom with separate WC.


    Second Floor - Two ensuite double bedrooms.


    Basement - Cold beer store and ancillary storage areas.


    We have been advised that the property has the following approximate gross internal floor areas:-


    Ground Floor - Approx. 171.2 sq m (1,834 sq ft)

    First Floor - Approx. 77.7 sq m (836 sq ft)

    Second Floor - Approx. 65.9 sq m (709 sq ft)

    Basement - Approx. 79.2 sq m (852 sq ft)


    Total - Approx. 394.0 sq m (4,240 sq ft)


    Tenancy

    Victoria Pub

    • Let to a multiple pub operator
    • 10 year term with effect from 31st January 2023.
    • Fully Repairing and Insuring Lease. Contracted outside of the landlord and tenant act
    • Landlord only break clause upon the fifth anniversary of the lease
    • Investment let at £80,000 per annum
    • £20,000 rent deposit held on account

    Rent

    £80,000 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The pub lies within an area administered by the London Borough of Harringay approximately nine and a half kilometres (less than six miles miles) north of the city of London (Bank Station).

      The amenities of Tottenham High Road lie less than 200 metres to the west.

      The property fronts Scotland Green which is a no through road that provides access to the nearby open space of Hartington Park.

      The surrounding area is predominantly residential accommodation, mixed in terms of style, age and height with a new build three storey residential block opposite, and a row of two-storey Victorian terraced houses adjacent.

      Transport

      Overground - Bruce Grove

      Legal documents

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      EPC rating

      The EPC rating for this property is C

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums