599 Green Lanes Hornsey London N8 0RE

  • 599 Green Lanes<br>Hornsey<br>London<br>N8 0RE

599 Green Lanes
Hornsey
London
N8 0RE

Freehold Restaurant and Residential Investment

  • Includes 2 residential flats
  • Restaurant let on a 10 year lease until 2023
  • Popular and busy North London location
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot
    22
  • Auction
    11th December 2014
  • Rent
    £44,520 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Leisure
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
  • Expand
  • Photos
  • Map

Freehold Restaurant and Residential Investment

  • Includes 2 residential flats
  • Restaurant let on a 10 year lease until 2023
  • Popular and busy North London location
  • Legal Title Report <a href="/media/32026/legal title report v4.pdf" target="_blank" title="Legal Title Report V4">here</a>
  • Lot 22
  • Auction 11th December 2014
  • Rent £44,520 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Leisure
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
5 miles north of the City of London
Roads
A1, A105, A406, A503, A10 (Great Cambridge Road)
Rail
Hornsey Railway Station, Turnpike Lane Underground (Piccadilly)
Air
London City Airport, London Heathrow Airport, London Stansted Airport
Situation

The property is situated on the west side of Green Lanes (A105), an important arterial route through north London via Islington and Wood Green. Green Lanes is an important, diverse and cosmopolitan North London retailing street. The property location is equidistant between Alexandra Park and Finsbury Park. Wood Green Shopping City is less than 1 mile to the north.

Tenure

Freehold.

Location
Miles
5 miles north of the City of London
Roads
A1, A105, A406, A503, A10 (Great Cambridge Road)
Rail
Hornsey Railway Station, Turnpike Lane Underground (Piccadilly)
Air
London City Airport, London Heathrow Airport, London Stansted Airport
Situation

The property is situated on the west side of Green Lanes (A105), an important arterial route through north London via Islington and Wood Green. Green Lanes is an important, diverse and cosmopolitan North London retailing street. The property location is equidistant between Alexandra Park and Finsbury Park. Wood Green Shopping City is less than 1 mile to the north.

Tenure

Freehold.

Description

The property comprises ground floor restaurant accommodation with a two bedroom self-contained flat on the first floor and a one bedroom self-contained flat on the second floor, both flats accessed from the rear of the property.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor restaurant accommodation with a two bedroom self-contained flat on the first floor and a one bedroom self-contained flat on the second floor, both flats accessed from the rear of the property.

Legal Title Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground Restaurant
90.3 sq m
(971.99 sq ft)
GQ YUCE & B COBAN (t/a Jam in a Jar) 12 years from 25/03/2013 £18,000 25/03/2017
25/03/2021
(24/03/2025)
First Residential
2 bedroom flat
INDIVIDUALS Assured Shorthold Tenants Agreement £15,000 (1)  
Second Residential
1 bedroom flat
INDIVIDUALS Assured Shorthold Tenants Agreement £11,520 (1)  
Total Commercial Floor Area
90.3 sq m
(971.99 sq ft)
    £44,520

(1) The rents have been annualised.

Property Documents

  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    972 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.14
    File Size
    45 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Austin Ryder and Co Solicitors 180-186 Kings Cross Road
London
WC1X 9DE
Vassos Vassou 0207 689 1625vassos@austinryder.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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