Retail premises for sale

Wades Hill, London N21

The property comprises a vacant mid-terrace shop and residential upper parts, which have been sold off on a long lease.

The ground floor retail unit has a net internal area of approximately 35.65 sq m (384 sq ft) and historically traded as an interior design showroom and office. The unit is fitted out to a good standard with a mix of hanging and spot lighting, wooden flooring, decorative panelled walls, storage cupboards, sink / breakout area and WC to the rear.

The ground floor commercial unit is to be sold with vacant possession and would suit a variety of uses under Planning Use class E, including office, retail and clinic uses, amongst others.

The upper parts are sold off on a 999 year lease from 25th March 1997 at a peppercorn ground rent. A copy of the 999 year lease is available to download from the Gilmartin Ley website.

Location:
Winchmore Hill is a highly desirable and affluent North London suburb. The property is situated at the southern end of Wades Hill, less than 200m from Winchmore Hill Railway Station and less than 80m from The Green, the prestigious heart of Winchmore Hill.

Wades Hill extends between The Green, Winchmore Hill in the south and Green Dragon Lane to the north. The subject property is located on the west side of Wades Hill, just north of The Green. Local occupiers include Pink of London, The Post Office, Buckle and Vaughan, Hopper & Bean, Going Greek, The Larder, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, cafes and pubs.

The location has excellent communication links. Winchmore Hill Mainline Station provides direct services to Finsbury Park (Victoria & Piccadilly Lines) and Moorgate (Northern Line), with journey times of 16 minutes and 31 minutes respectively. Northbound services provide further links to Hertford North and Stevenage.

Terms:
Freehold for sale with vacant possession of the ground floor commercial unit. The upper parts are sold off on a 999 year lease from 25th March 1997. A copy of the long lease is available to download from our website. The property is not elected for VAT.