Home > Auctions > April 2021 14 April 2021 - 10:00am > Lot 48

April 2021: Wednesday 14 April 2021 - 10:00am
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Property details

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    Key features

    • Versatile corner building.
    • Potential for development or conversion
    • Ground floor shop with return frontage and an offer in place from a tenant at £25,000 per annum.
    • Residential upper parts with a separate side access.
    • Good size shop in a busy trading position
    • There is Interest from an occupier to take a lease on the shop*
    • Vacant possession

    Description

    The property is arranged as a ground floor corner shop with a return frontage. The shop has access from the front and the rear. The two upper floors are accessed from Campsbourne Road and comprise a self-contained maisonette which has been rented out on a room basis. There has been interest from an occupier to take a lease on the shop but the property will be sold with vacant possession - for further information please contact the auctioneers.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor Shop - Sales Area, Rear WC - Approximate GIA 86.6 sq m (932 sq ft)

    First Floor - Reception Room, Kitchen - Approximate GIA 50.6 sq m (544 sq ft)

    Second Floor - Two Bedrooms, Bathroom/WC - Approximate GIA 49.1 sq m (528 sq ft)

    Planning

    It is considered that there is potential for the conversion of the upper floors to provide self-contained flats, or possibly conversion to provide HMO accommodation subject to the necessary consents. Interested parties must rely on their own enquiries with Haringey Council planning department, telephone 020 8489 5504.

    Notes

    The owner has received an offer from a potential tenant to rent the shop at a rent of £25,000 per annum for a 15 year lease with a break and rent review at the fifth year. For further information please contact the auctioneers.

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        Local information

        Situated in a prominent corner position within a busy High Street location, at the junction with Campsbourne Road.

        Other nearby multiple occupiers include Tesco, Sainsburys, and Ladbrokes together with many local boutique traders, cafe's and restaurants.

        High Street / Priory Road is a busy thoroughfare linking Hornsey and Muswell Hill providing considerable passing trade.

        Greig Academy Secondary School is on the other side of the high street.

        Hornsey Station is less than half a mile to the east and provides a direct link into Moorgate with a journey time of approximately 20 minutes. Turnpike Lane Underground Station is also within reach.

        The green open spaces of Alexandra Palace Park are approximately half a mile to the north.

        Transport

        Hornsey - National Rail Station

        Turnpike Lane - Underground, Piccadilly Line

        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.

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