Guide price
£675,000
(£437.74/sq. ft)
Block of flats for saleWades Hill, Winchmore Hill N21
1,542 sq. ft
About this property
Affluent and highly desirable North London location
Rarely available freehold with part vacant possession
Potential to add value through refurbishment
Local occupiers include pubs, retailers, boutiques, salons and eateries
Excellent public transport links
150m to Winchmore Hill Station (Great Northern)
The property comprises an end or terrace mixed use property in the heart of The Green, Winchmore Hill. The building is currently arranged as a single ground floor commercial unit, and a self contained maisonette over first and second floors.
The ground floor commercial unit is currently let on an effectively fully repairing and insuring lease until 24th March 2030, with a passing rent of £20,000 per annum. The shop trades as a boutique gift store and has been in occupation for many years. A copy of the commercial lease is available to download from our website.
The first and second floor self contained maisonette provides 2 bedrooms, living room, bathroom, kitchen and hallway. The maisonette is of fair condition throughout and is access via the side passageway. The maisonette is currently tenanted but will be sold with vacant possession.
Planning consent has been granted for the demolition and reconstruction / extension of the rear back addition to the shop. The tenant would need the landlord's consent in order to be able to implement this.
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 150m from Winchmore Hill Railway Station and less than 50m 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 The Post Office, Hopper & Bean, Going Greek, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, eateries 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.
The ground floor commercial unit is currently let on an effectively fully repairing and insuring lease until 24th March 2030, with a passing rent of £20,000 per annum. The shop trades as a boutique gift store and has been in occupation for many years. A copy of the commercial lease is available to download from our website.
The first and second floor self contained maisonette provides 2 bedrooms, living room, bathroom, kitchen and hallway. The maisonette is of fair condition throughout and is access via the side passageway. The maisonette is currently tenanted but will be sold with vacant possession.
Planning consent has been granted for the demolition and reconstruction / extension of the rear back addition to the shop. The tenant would need the landlord's consent in order to be able to implement this.
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 150m from Winchmore Hill Railway Station and less than 50m 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 The Post Office, Hopper & Bean, Going Greek, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, eateries 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.
.png){kind=logo}