38 Seven Sisters Road Holloway London N7 6AA

38 Seven Sisters Road
Holloway
London
N7 6AA

  • 38 Seven Sisters Road<br>Holloway<br>London<br>N7 6AA

Freehold Restaurant and Residential Investment

  • Let to Sugar Land Enterprises Limited t/a Subway until 2029
  • Busy and Popular North London Suburb
  • 3 miles north of the City London
  • Prominently Located Close to the Junction of Seven Sisters Road and Holloway Road (A1)
  • Nearby Occupiers Include Morrisons, William Hill, Lidl, Iceland & McDonald's
  • Lot
    11
  • Auction
    17/Feb/2022
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Restaurant
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
3 miles north of the City of London
Roads
A1 (Holloway Road)
Rail
Holloway Road Underground Station (Piccadilly Line)
Air
London City Airport, London Heathrow Airport
Situation

Seven Sisters Road is a busy main arterial route through North London that runs between the A1 (Holloway Road) and A10 (Stamford Hill). The property is situated on the south side of Seven Sisters Road, close to the Junction of Holloway Road (A1). Nearby occupiers include Morrisons, William Hill, Lidl, Iceland & McDonald's.

Tenure

Freehold.

Location
Miles
3 miles north of the City of London
Roads
A1 (Holloway Road)
Rail
Holloway Road Underground Station (Piccadilly Line)
Air
London City Airport, London Heathrow Airport
Situation

Seven Sisters Road is a busy main arterial route through North London that runs between the A1 (Holloway Road) and A10 (Stamford Hill). The property is situated on the south side of Seven Sisters Road, close to the Junction of Holloway Road (A1). Nearby occupiers include Morrisons, William Hill, Lidl, Iceland & McDonald's.

Tenure

Freehold.

Description

The property comprises a ground floor restaurant and 3 residential flats on the upper floors, The flats have been let on a single long lease.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

EPC

Band D.

Description

The property comprises a ground floor restaurant and 3 residential flats on the upper floors, The flats have been let on a single long lease.

VAT

VAT is applicable to this lot.

Note

The Special Conditions of Sale provide for the Buyer to pay to the Seller a sum in addition to the purchase price. Please see the Special Conditions of Sale which is available in the Seller’s solicitors Legal Pack.

EPC

Band D.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Review/ (Reversion)
Ground Restaurant
69.07 sq m
(743 sq ft)
SUGAR LAND ENTERPRISES LIMITED
t/a Subway
25 years from 22/03/2004
£30,000
(22/03/2029)
First
Second
Third
Residential
Not Measured
  ALDFORD LLP 999 years from 26/06/2007
Peppercorn
(25/06/3006)
Total Approximate Commercial
Floor Area
 
69.07 sq m
(743 sq ft) (1)
   
£30,000
 

(1) The floor areas stated above are those published by the valuation office agency (www.voa.gov.uk)

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

  • Brochure
    Updated Date
    28.01.22
    File Size
    2 MB
    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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Gunnercooke LLP 1 Cornhill
London
EC3V 3ND
Sam Rosenthal 07941613379sam.rosenthal@gunnercooke.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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