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Floorplan
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    Key features

    • To be offered on Tuesday 23 July
    • In the same ownership for some 17 years
    • An unbroken freehold building
    • Ground floor takeaway unit
    • Two self-contained one bedroom flats above
    • Ground floor subject to a lease expiring 2036 on FR&I terms and five yearly rent reviews
    • Two flats subject to ASTs
    • Currently producing £51,400 per annum
    • Bidders will be required to pay a bidder security of £10,000 in order to take part in the sale. This is to be by bank transfer or solicitor's undertaking. Please email bidding@savills.com for further information

    Description

    The property comprises an unbroken mid parade building comprising a ground floor unit trading as a fast food takeaway together with two one bedroom flats above. The flats are approached by a separate door from Middle Lane.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the schedule

    Rent

    £51,400 per annum

    Notes

    Joint Auctioneer

    Doris Ishack

    DI Properties

    T 0207 625 6555

    M 07973 623 203

    E doris@diproperties.co.uk

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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.

      Accommodation / Tenancy Schedule

      Local information

      Hornsey/Crouch End is a fashionable and popular suburb of North London close to Highgate, Hampstead and Muswell Hill. The property is located at the northern end of Middle Lane near its junctions with Priory Road and High Street. Priory Park is opposite and Alexandra Park is within easy reach. The building is within a busy parade serving this affluent residential neighbourhood.

      Transport

      Hornsey Overground Station is located around 12 minutes walk from the property offering services to Finsbury Park station (Victoria and Piccadilly lines) and Moorgate. A comprehensive network of bus routes serves the area. Middle Lane offers straightforward access to the A1 and A406 North Circular Road.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      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