10 & 10A Chaseville Parade, off Chaseville Park Road, Winchmore Hill London N21 1PG

10 & 10A Chaseville Parade, off Chaseville Park Road,
Winchmore Hill
London
N21 1PG

Freehold Retail and Residential Investment

  • 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
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Retail and Residential Investment

  • 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
  • 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.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

Band C (Residential) Band C (Commercial)

Tenancy & Accommodation

Floor Use Floor Areas (Approx sq m) Floor Areas (Approx sq ft) Tenant Term Rent p.a.x. Reversion
Ground
First
Second
Rear Service Road
Retail
Residential
Residential
Garage (2)
101.80 sq m
32.61 sq m
27.52 sq m
Not Measured
(1,095 sq ft)
(351 sq ft)
(296 sq ft)
Not Measured
INDIVIDUAL
t/a Vas Barbers
(1)
15 years from
24/06/2011
£21,000
23/06/2026
Total Approximate
Floor Area
 
161.93 sq m
(1,742 sq ft)
   
£21,000
 

(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 £1,250+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
    29.04.22
    File Size
    4 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
HRJ Foreman Laws Solicitors 25 Bancroft
Hitchin
Herts
SG5 1JW
Simon Cousins 01462 471 597simon.cousins@hrjforemanlaws.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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