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Tottenham Lane, London, N8 8PR
For Sale £500,000 For Long

Overview

Ground floor retail unit of providing approx. 820 sq ft. with a frontage of 14'.9" Currently trading as Storksen by way of a 15 year Lease from 12.4.19 at a passing rent of £32,500 per annum. We do not believe the historic rent review as implemented .


Address
Tottenham Lane, London, N8 8PR

Location
Located Topsfield Parade on the junction of Park Road and Middle Lane and the Broadway as well as being close to Crouch Ends' landmark Clock Tower and Crouch End Picturehouse. The shop sits within a popular parade occupied by various independent retailers which serves a mainly affluent residential catchment.

Price
For Sale £500,000 For Long


Tenure
Long Leasehold - 999 years from completion

Business Rates
Rateable value - £31,000 (as taken from Gov.uk) This is not the amount you will pay. The rateable value is used to calculate your rates bill. Please refer to the Local Authority for more information on rates

Legal Cost
Each side to bear their own legal fees

EPC
Energy Rating B - April 2029

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 owners sole agents Paul Simon Seaton Commercial 020 8800 4321

Comments
Long Leasehold

Floor Plan
2 Topsfield Parade, Tottenham Lane, London