December 2022: Wednesday 14 December 2022 - 9:00am
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    Key features

    • Of interest to investors.
    • A freehold retail investment
    • 11 years to lease expiry
    • Rent review next year
    • Sought after, affluent north London suburb
    • Ground floor shop let with residential upper parts sold
    • Investment let at £20,400 per annum.

    Description

    A traditional brick built three storey terraced building with a pitched and tile covered roof.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground floor retail unit, sales area, wc,

    Approximate area 29.68 sq m (319 sq ft)

    Tenancy

    Let to an individual trading as a Barbers on a 15 year lease from 16th August 2018 to expire on the 14th August 2033. There is a rent review on the 16th August 2023 and every 5 years thereafter.

    Rent

    £20,400 per annum
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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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

      Located to the south side of Highgate High Street close to the junction with Bisham Street

      Situated within a busy and well established high street parade serving an affluent and high density residential catchment area.

      Other nearby occupiers include Tesco Express and Pizza Express, Benham and Reeves and Winkworth Estate agents, together with many other bars, restaurants and individual boutique traders.



      Transport

      Archway Station - Underground, Northern Line

      Legal documents

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      EPC rating

      The EPC rating for this property is F

      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.

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