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198 Stroud Green Road, London, N4 3RN
For Sale £425,000

Overview

A four-storey mixed-use terraced building arranged as a ground floor commercial unit, a ground floor studio flat and three residential flats above (sold off) We are informed that the ground floor unit is let to a private individual on a 10-year FRI lease expiring on 31st January 2025, with no further rent reviews, at a rent of £13,500 per annum. We understand the rear studio flat is let subject to Assured Shorthold Tenancy (AST) agreement for an initial fixed term of 6-12 months at a passing rent of £850 per calendar month / £10,200 per annum. Floor Area: Ground floor commercial: NIA: 55.7 sq. m. / 600 sq. ft. approx. Basement commercial: NIA 17.65 sq. m. / 190 sq. ft. approx. Studio Flat (Open plan studio with kitchenette and bath/WC): 355 sq. ft. approx. * we have not yet inspected. Information provided by a third party, please note the above measurements are approximate only and their accuracy cannot be guaranteed. *


Address
198 Stroud Green Road, London, N4 3RN

Location
Situated on the north-eastern side of Stroud Green Road (A1201), between its junctions with Albert Road and Stapleton Hall Road. Finsbury Park station is close by, providing Piccadilly and Victoria Line services into the West End.

Price
For Sale £425,000


Tenure
Freehold - subject to current leases

Business Rates


EPC
Commercial rating: B (48) Studio flat rating: C (73)

Vat
Under the Finance Acts 1989 and 1997 VAT may be levied on the purchase price. We recommend that the prospective buyers establish the VAT implications before entering into any agreement.

Viewing
Via the owners agents PSS Commercial. PSS kindly asks that all attendees must wear a mask at appointments and follow social distancing rules. Do not book an appointment if you or someone you have been in contact with is displaying possible Coronavirus (Covid-19) symptoms.

Comments
All our retail premises for sale or let are available as per the condition in the properties details pictures and viewing. We focus on solutions to the opportunities and challenges faced by clients involved in all aspects of retail and leisure property sector.

198 Stroud Green Road, Stroud Green, London