495 Seven Sisters Road London N15 6EP

495 Seven Sisters Road
London
N15 6EP

Freehold North London Retail/Residential Investment

Entirely let to tenant trading as Styles & Smiles
Includes self contained three bedroom maisonette
Popular North-East London Location
20 year lease from October 2006 (no breaks)
Important rent review in October 2021
Less than half a mile from Seven Sisters, Stamford Hill and South Tottenham Overground stations as well as Seven Sisters Underground Station

Lot
1
Auction
5th May 2021
Rent
£18,500 per Annum Exclusive
Status
Sold
Price
£480,000
Auction Venue
Live Streamed Auction

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Freehold North London Retail/Residential Investment

Entirely let to tenant trading as Styles & Smiles
Includes self contained three bedroom maisonette
Popular North-East London Location
20 year lease from October 2006 (no breaks)
Important rent review in October 2021
Less than half a mile from Seven Sisters, Stamford Hill and South Tottenham Overground stations as well as Seven Sisters Underground Station

Lot 1
Auction 5th May 2021
Rent £18,500 per Annum Exclusive
Status Sold
Price £480,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 5 miles north-east of Central London
Roads: A503 (Seven Sisters Road, A1 A10,; A406 (North Circular)
Rail: Manor House Underground (Piccadilly Line), Stamford Hill (Overground)
Air: London City, London Heathrow

Situation

Seven Sisters Road is a busy main arterial route in North London that runs between the A1 (Holloway Road) and A10 (Stamford Hill). The property is located approximately 4 miles north-west of Stratford and 5 miles north-east of Central London, in a prominent location on the north side of Seven Sisters Road, close to the Bushy Road open space. The property is less than half a mile from Stamford Hill, South Tottenham and Seven Sisters Overground Stations, as well as Seven Sisters Underground Station (Victoria Line). Nearby occupiers include a pharmacy, post office, Ladbrookes, Volvo and various independent cafes, shops and takeaways.

Tenure

Freehold.

Location

Miles: 5 miles north-east of Central London
Roads: A503 (Seven Sisters Road, A1 A10,; A406 (North Circular)
Rail: Manor House Underground (Piccadilly Line), Stamford Hill (Overground)
Air: London City, London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a three storey building arranged as a ground floor retail unit together with a self contained three bedroom maisonette arranged over part ground, first and second floors.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a three storey building arranged as a ground floor retail unit together with a self contained three bedroom maisonette arranged over part ground, first and second floors.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/ (Reversion)
495 Seven Sisters Road	Ground Ground First Second	Retail Residential Residential Residential	52.3 sq m 18.3 sq m 49.3 sq m 50.4 sq m	(563 sq ft) (197 sq ft) (530 sq ft) (543 sq ft)	INDIVIDUAL t/a Styles and Smiles	20 years from 13/10/2006	£18,500	13/10/2021
Total			170.3 sq m	(1,833 sq ft)			£18,500

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.