56, 58 & 60 West Green Road Tottenham London N15 5NR

56, 58 & 60 West Green Road
Tottenham
London
N15 5NR

Virtual Freehold Retail Investment

  • Tenants trading as Kin Performance Fashion Jewellery, Headmasters Barbers and Eden Store
  • Asset Management opportunities including lease renewal negotiations
  • Busy trading position close to Seven Sisters tube and Tottenham High Road
  • To be offered as one lot
  • VAT-free investment
  • Lot
    43
  • Auction
    23rd October 2014
  • Rent
    £26,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Virtual Freehold Retail Investment

  • Tenants trading as Kin Performance Fashion Jewellery, Headmasters Barbers and Eden Store
  • Asset Management opportunities including lease renewal negotiations
  • Busy trading position close to Seven Sisters tube and Tottenham High Road
  • To be offered as one lot
  • VAT-free investment
  • Lot 43
  • Auction 23rd October 2014
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
7 miles north of the City of London and London’s West End
Roads
A10, A406 (North Circular), A503
Rail
Seven Sisters and South Tottenham Underground and Railway Stations
Air
London City and Heathrow Airport
Situation

Tottenham is a North London suburb situated 7 miles north of the City of London. The property is prominently situated on West Green Road, in a busy trading position close to its junction with Beaconsfield Road and a short walk from Seven Sisters Road (A503) and Tottenham High Road (A10). Seven Sisters tube station is located a short walk away.

Nearby retailers include Sainsbury’s Local, Costa, Betfred, William Hill, Paddy Power and a number of local operators.

Tenure

Long Leasehold. For a term of 999 years from 29th September 1997 at a peppercorn rent.

Location
Miles
7 miles north of the City of London and London’s West End
Roads
A10, A406 (North Circular), A503
Rail
Seven Sisters and South Tottenham Underground and Railway Stations
Air
London City and Heathrow Airport
Situation

Tottenham is a North London suburb situated 7 miles north of the City of London. The property is prominently situated on West Green Road, in a busy trading position close to its junction with Beaconsfield Road and a short walk from Seven Sisters Road (A503) and Tottenham High Road (A10). Seven Sisters tube station is located a short walk away.

Nearby retailers include Sainsbury’s Local, Costa, Betfred, William Hill, Paddy Power and a number of local operators.

Tenure

Long Leasehold. For a term of 999 years from 29th September 1997 at a peppercorn rent.

Description

The property comprises three retail units each arranged on the ground floor only, forming part of a larger building.

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 three retail units each arranged on the ground floor only, forming part of a larger building.

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 Reviews/(Reversions)
Ground
(56 West Green
Road)
Retail/Ancillary
33.16 sq m
(357 sq ft)
J DDIER-IGILIMA on assignment (t/a Kin Performance Fashion Jewellery) 12 years from 25/03/2002 on a full repairing and insuring lease £8,500 (24/03/2014)
Holding over
Ground
(58 West Green
Road)
Retail/Ancillary
46.45 sq m
(500 sq ft)
J OKPABI & B RAYMOND (t/a Head Masters Unisex Haircuts) 16 years from 25/12/1992 on a full repairing and insuring lease £8,000 (24/12/2008)
Holding over
Ground
(60 West Green
Road)
Retail/Ancillary
62.52 sq m
(673 sq ft)
O KOYALODI (t/a Eden Store) 15 years from 20/06/2003 on a full repairing and insuring lease £10,000 20/06/2012
(19/06/2015)
Totals
142.13 sq m
(1,530 sq ft)
    £26,500

Property Documents

  • Site Plan
    Updated Date
    01.10.14
    File Size
    54 KB
    View PDF
  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    930 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
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Vicarage Court Solicitors 5 Vicarage Road
Edgbaston
Birmingham
B15 3ES
Yusuf Loonat 0121 452 4955yusuf@vicaragecourt.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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