Guide price
£525,000
Retail premises for sale500-508 High Road, Tottenham, London N17
Just added
Auction
Leasehold
About this property
Guide Price = £525,000+
**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Parade of Two Buildings Comprising of Three Retail Units and a Function Suite Let to McDonalds, Savers and Others Producing a Gross Combined Rent of £374,755 (Rising to £387,755 in 2027 and £402,755 in 2030) and a Net Combined Rent of £184,755 (Rising to £197,755 in 2027 and £212,755 in 2030.
Tenure
Leasehold. Part of the property is held on a 185 year lease from 25th March 1971 (thus approximately 130 years unexpired). The other part expires in 2032 (thus approximately 6 years unexpired) at a current ground rent of £190,000 per annum.
Location
The property is situated on a popular commercial road close to local shops and amenities. Nearby multiples include Specsavers, Ladbrokes and Poundland. The open spaces of Down Lane Park are within easy reach. Transport links are provided by Tottenham Hale underground (Victoria line) and rail stations.
Description
The property comprises a parade of two buildings arranged to provide three retail units and a function suite across ground, first and second floors.
VAT
VAT is applicable
**For Sale By Public Auction 22nd April 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Parade of Two Buildings Comprising of Three Retail Units and a Function Suite Let to McDonalds, Savers and Others Producing a Gross Combined Rent of £374,755 (Rising to £387,755 in 2027 and £402,755 in 2030) and a Net Combined Rent of £184,755 (Rising to £197,755 in 2027 and £212,755 in 2030.
Tenure
Leasehold. Part of the property is held on a 185 year lease from 25th March 1971 (thus approximately 130 years unexpired). The other part expires in 2032 (thus approximately 6 years unexpired) at a current ground rent of £190,000 per annum.
Location
The property is situated on a popular commercial road close to local shops and amenities. Nearby multiples include Specsavers, Ladbrokes and Poundland. The open spaces of Down Lane Park are within easy reach. Transport links are provided by Tottenham Hale underground (Victoria line) and rail stations.
Description
The property comprises a parade of two buildings arranged to provide three retail units and a function suite across ground, first and second floors.
VAT
VAT is applicable
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Monthly repayment
£2,626 per month
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