Retail premises for sale in West Green Road, London N15

Guide price £350,000 (£384.62/sq. ft)
Interested in this property? Call +44 20 3641 5757 * or Request Details

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Retail premises for sale

910 sq. ft*

Property features

  • Freehold investment for sale in the vibrant heart of South Tottenham
  • Lease expiry / renewal date: 24th May 2024
  • Current passing rent: £20,150 per annum
  • Gross Internal Area: 84.63 sq.m plus rear covered yard 31.99 sq.m
  • Local occupiers include Costa Coffee, Sainsburys Local and Tesco
  • Excellent transport communications
  • 185m to Seven Sisters Station (London Overground and Victoria Line)
  • 420m to South Tottenham station (London Overground)

Property description

The property is a freehold three storey mid terrace mixed use building.

The ground floor retail unit is trading successfully as a butchers. The unit is let on a 15 year lease expiring 23rd May 2024, at a passing rent of £20,000 per annum.

A copy of the commercial lease is available to download from the Gilmartin Ley website.

The upper parts comprise 2 residential dwellings, sold off long leasehold (both are 125 year leases from 29th September 2001, producing a ground rent of £75 per annum each).

Location:
The property is located on the northern side of West Green Road at the eastern end of the road, less than 50 metres west of the High Road (A10). West Green Road Road is a bustling retail area, with a wide variety of local and national retailers. Occupiers in the immediate vicinity include Sainsbury's Local, Costa Coffee, Tesco as well as a number of independent retailers, cafes, restaurants and bars. The College of Haringey, Enfield and North East London is only 250 metres to the north.

The location has excellent public transport communications, with Seven Sisters (London Overground) Station 185 metres south west of the property and Seven Sisters London Underground Station (Victoria Line) 65 metres south east of the property. There are numerous bus routes operating on West Green Road and the High Road which include 41,76,149,243,259,279,318,349,476, N41, N73 & N279.

The property is located 2.18 kilometres (1.36 miles) south of the new Tottenham Hotspur Stadium. In addition to the recently developed stadium, there has been and continues to be significant regeneration in the area, which includes a museum, hotel and 585 new homes as part of the High Road West masterplan.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Gilmartin Ley, N1 on +44 20 3641 5757 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gilmartin Ley, and do not constitute property particulars. Please contact Gilmartin Ley for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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