Retail Shop and a 3 Bedroom Self-Contained Maisonette and Garage
Affluent North London Location
Busy Neighbourhood Shopping Parade
First Time on the Market for 45 years
VAT Free Investment
Neighbouring Occupiers Include Coral and a Mix of Independent Retailers
Lot 1
Auction 18th May 2022
Rent £21,000 per Annum Exclusive
Status Sold
Price £570,000
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
8.5 miles north of the City of London
Roads
A110, A10, A406, M25
Rail
Oakwood Underground Station (Piccadilly Line), Grange Park Railway Station, Winchmore Hill Railway Station
Air
London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport
Situation
Winchmore Hill is an affluent North London residential suburb within the London Borough of Enfield. The location benefits from being approximately 8.5 miles directly north of the City of London and approximately 2 miles equidistant between the A406 North Circular and the M25.
The property is situated within a busy neighbourhood shopping parade on the north side of Chaseville Park Road within a predominantly affluent residential area. Neighbouring occupiers include Coral and a range of independent retailers, cafes and hair salons.
Tenure
Freehold.
Location
Miles
8.5 miles north of the City of London
Roads
A110, A10, A406, M25
Rail
Oakwood Underground Station (Piccadilly Line), Grange Park Railway Station, Winchmore Hill Railway Station
Air
London Heathrow Airport, London Luton Airport, London Stansted Airport, London City Airport
Situation
Winchmore Hill is an affluent North London residential suburb within the London Borough of Enfield. The location benefits from being approximately 8.5 miles directly north of the City of London and approximately 2 miles equidistant between the A406 North Circular and the M25.
The property is situated within a busy neighbourhood shopping parade on the north side of Chaseville Park Road within a predominantly affluent residential area. Neighbouring occupiers include Coral and a range of independent retailers, cafes and hair salons.
Tenure
Freehold.
Description
The property comprises a self-contained ground floor retail unit and a self-contained 3 bedroom maisonette on the upper two floors. The property benefits from a single garage within a garage block to the rear of the property.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
Band C (Residential) Band C (Commercial)
Description
The property comprises a self-contained ground floor retail unit and a self-contained 3 bedroom maisonette on the upper two floors. The property benefits from a single garage within a garage block to the rear of the property.
(1) The Landlord is holding a rent deposit of £4,437.50. (2) Some structural defects have been identified on the garage. Please see legal pack.
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.
