127 Stoke Newington Church Street
Stoke Newington
London
N16 0UH

Freehold Retail and Residential Investment

  • Fashionable North-East London location
  • Shop let to tenant t/a Beauty Box until 1 July 2033 (no breaks)
  • Includes 2 bed maisonette to the first and second floors let on separate AST
  • Close to Stoke Newington Overground Station
  • Nearby occupiers include Nando's and a number of independent shops, cafe's and restaurants
  • VAT-free London Investment
  • Lot
    22
  • Auction
    05/May/2021
  • Rent
    £47,200 per Annum Exclusive
  • Status
    Sold
  • Price*
    £902,500
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 127 Stoke Newington Church Street<br>Stoke Newington<br>London<br>N16 0UH
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  • Photos
  • Map

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

Property Information

Location
Miles
0.8 miles south of Stamford Hill
4 miles north of the City of London
Roads
A10
Rail
Stoke Newington (Overground),
Rectory Road (Overground)
Air
London Luton, London City
Situation

Stoke Newington is a popular suburb in North-East London, approximately 4 miles north of the City.
The property is located on the south side of Stoke Newington Church Street, in a prominent position directly opposite Lordship Road. The property benefits from being a short walk to Stoke Newington Overground Station, and nearby occupiers include Nando's and a number of independent shops, cafe's and restaurants.

Tenure

Freehold.

Description

The property comprises a three storey building, arranged as a ground floor shop, with basement ancillary accommodation and a self contained two bed maisonette to the first and second floors. The property also benefits from a rear garden.

VAT

VAT is not applicable to this lot.

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground
Basement
Retail/Ancillary
Ancillary
59.74 sq m
-
(643 sq ft)
(-)
INDIVIDUAL
t/a Beauty Box
15 years from
06/07/2018 until
05/07/2033
£25,00006/07/2023
and
06/07/2028
First/SecondResidential
(2 bed maisonette)
93.65 sq m
(1,008 sq ft)
INDIVIDUAL2 year AST from
08/04/2020
£22,200 
Total
153.39 sq m
(1,651 sq ft)
  £47,200 

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
    29.04.21
    File Size
    36 MB
    Login to View
  • Catalogue Page
    Updated Date
    16.04.21
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    17.04.21
    File Size
    762 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

Useful Links

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