13 & 13A/B Cheapside Wood Green London N22 6HH

13 & 13A/B Cheapside
Wood Green
London
N22 6HH

Freehold Retail/ Residential Investment

  • Entirely let to Towerstone Limited (shop trading as Surprise Surprise)
  • Lease expires December 2023
  • Nearby occupiers include McDonald's, Superdrug, H&M, Sainsbury's, Sports Direct, Boots the Chemist, JD Sports, The Works, Body Shop, Primark, WHSmith, Lidl, Cineworld and branches of Lloyds and Barclays Banks
  • Part of Proposed Crossrail 2 Route and Bustling North London suburb
  • Lot
    26
  • Auction
    23rd September 2020
  • Rent
    £100,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Retail/ Residential Investment

  • Entirely let to Towerstone Limited (shop trading as Surprise Surprise)
  • Lease expires December 2023
  • Nearby occupiers include McDonald's, Superdrug, H&M, Sainsbury's, Sports Direct, Boots the Chemist, JD Sports, The Works, Body Shop, Primark, WHSmith, Lidl, Cineworld and branches of Lloyds and Barclays Banks
  • Part of Proposed Crossrail 2 Route and Bustling North London suburb
  • Lot 26
  • Auction 23rd September 2020
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
7 miles north of Central London
Roads
A406 (North Circular), A10, M1
Rail
Wood Green and Turnpike Lane Underground Stations (Piccadilly Line)
Air
London Heathrow, London Luton
Situation

Wood Green is a busy and popular commercial centre, located approximately seven miles north of Central London. Wood Green has excellent road and rail communications being two miles south of the North Circular Road (A406) and on London Underground's Piccadilly Line, as well as numerous bus routes. The property is situated in a prominent location on the east side of Cheapside, High Road, Wood Green's primary retailing thoroughfare, midway between Wood Green and Turnpike Lane Underground Stations. Nearby retailers include McDonald's, Superdrug, H&M, Sainsbury's, Sports Direct, Boots the Chemist, JD Sports, The Works, Body Shop. The property is a short walk from Wood Green Shopping Centre (The Mall) with further retailers including Primark, Argos, WH Smith, Lidl and Cineworld.

Tenure

Freehold.

Location
Miles
7 miles north of Central London
Roads
A406 (North Circular), A10, M1
Rail
Wood Green and Turnpike Lane Underground Stations (Piccadilly Line)
Air
London Heathrow, London Luton
Situation

Wood Green is a busy and popular commercial centre, located approximately seven miles north of Central London. Wood Green has excellent road and rail communications being two miles south of the North Circular Road (A406) and on London Underground's Piccadilly Line, as well as numerous bus routes. The property is situated in a prominent location on the east side of Cheapside, High Road, Wood Green's primary retailing thoroughfare, midway between Wood Green and Turnpike Lane Underground Stations. Nearby retailers include McDonald's, Superdrug, H&M, Sainsbury's, Sports Direct, Boots the Chemist, JD Sports, The Works, Body Shop. The property is a short walk from Wood Green Shopping Centre (The Mall) with further retailers including Primark, Argos, WH Smith, Lidl and Cineworld.

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a ground floor shop, with two flats (1 x one bed and 1 x two bed) arranged on the first and second floors, accessed separately from the rear.

VAT

VAT is applicable to this lot.

Viewings

There will be one accompanied block viewing leading up to the auction. Please email your request to view to george.goucher@acuitus.co.uk who will confirm the time and date.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at www.acuitus.co.uk.

Description

The property comprises a three storey building, arranged as a ground floor shop, with two flats (1 x one bed and 1 x two bed) arranged on the first and second floors, accessed separately from the rear.

VAT

VAT is applicable to this lot.

Viewings

There will be one accompanied block viewing leading up to the auction. Please email your request to view to george.goucher@acuitus.co.uk who will confirm the time and date.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x
Ground
First (13A)
Second (13B)
Retail
Residential - 1 bed flat
Residential - 2 bed flat
89.65 sq m
-
-
(965 sq ft)
(-)
(-)
TOWERSTONE
LIMITED t/a
Surprise Surprise
20 years from25/12/2003 £100,000
Total Commercial Area
89.65 sq m
(965 sq ft)
    £100,000

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    02.09.20
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    866 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
Associate Auctioneers
CWM 35 Heddon Street
London
W1B 4BP
John Miles 020 7758 9882/07789 243 998jhm@cwm.co.uk
Seller's Solicitors
Knights Plc 10 Wellington Place
Leeds
West Yorkshire
LS1 4AP
Edwina Hewson 0113 207 0187edwina.hewson@knightsplc.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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