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
    05/May/2021
  • Rent
    £18,500 per Annum Exclusive
  • Status
    Sold
  • Price*
    £480,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 495 Seven Sisters Road<br>London<br>N15 6EP
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  • Map

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

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.

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

UnitFloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview/
(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
£18,50013/10/2021
Total
170.3 sq m
(1,833 sq ft)
  £18,500 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.04.21
    File Size
    21 MB
    Login to View
  • Catalogue Page
    Updated Date
    16.04.21
    File Size
    730 KB
    View PDF
  • Site Plan
    Updated Date
    17.04.21
    File Size
    740 KB
    View PDF
  • Common Auction conditions
    Updated Date
    16.03.21
    File Size
    687 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Solomon Taylor & Shaw 3 Coach House Yard, Hampstead High Street
London
NW3 1QF
Gary Phillips 0207 317 8680gary@solts.co.uk  Danka Trnavac 020 7317 8666 Danka@solts.co.uk

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