Guide price
£1,650,000
Restaurant for saleCrouch Hill, London N8
About this property
Freehold mixed-use investment
Established caf tenant occupying ground floor and basement
Strong diversified income stream
Total passing rent of 111,244 per annum
Residential rents currently below market value
Long-term private tenants providing stability of income
Outdoor seating/external space serving the commercial unit
Located within a thriving and affluent North London catchment
Summary
For sale via auction - fees, terms and conditions apply.
An outstanding opportunity to acquire a fully income-producing freehold mixed-use investment in the heart of the highly sought-after Crouch End/Stroud Green area.
The property comprises a well-established, fully licensed bistro/restaurant occupying the ground floor, together with a spacious basement providing excellent storage and attractive outdoor seating.
Restaurant lease commenced in February 2012 for 20 yrs, every four (4) yrs review, current annual rent 43,000.00/yr paid quarterly in advanced.
Residential above is classified as an HMO fully licensed for six (6) persons comprising of 2-1bed flats and 2 studio flats. Rented to private tenants generating 68,244/yr
The residential rents are currently below market value, presenting an excellent opportunity for future rental growth and enhanced returns.
Income Summary:
Commercial Income: 43,000 per annum.
Residential Income: 68,244 per annum
Total Income: 111.244 per annum.
A rare investment opportunity offering a strong, immediate income stream with significant scope for future rental growth.
Early enquiries are highly recommended.
EPC rating: D.
Ideally positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafs, restaurants, and local amenities.
A rare opportunity to acquire a substantial mixed-use investment offering immediate income and future asset management potential.
Please note we have not inspected this property.
Location
Located in the heart of the highly sought-after Crouch End/Stroud Green area.
Positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafs, restaurants, and local amenities.
Accommodation
The property comprises a well-established, fully licensed bistro/restaurant occupying the ground floor, together with a spacious basement providing excellent storage and attractive outdoor seating.
Restaurant lease commenced in February 2012 for 20 yrs, every four (4) yrs review, current annual rent 43,000.00/yr paid quarterly in advanced.
Residential above is classified as an HMO fully licensed for six (6) persons comprising of 2-1bed flats and 2 studio flats. Rented to private tenants generating 68,244/yr
Tenure
Freehold, title number NGL298041
EPC
Commercial - rating B
Flats 1 - 4 - all rating D
Rateable Value
Current rateable value (1 April 2026 to present) 34,750
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Sourced from voa
Council Tax
Band E
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale via auction - fees, terms and conditions apply.
An outstanding opportunity to acquire a fully income-producing freehold mixed-use investment in the heart of the highly sought-after Crouch End/Stroud Green area.
The property comprises a well-established, fully licensed bistro/restaurant occupying the ground floor, together with a spacious basement providing excellent storage and attractive outdoor seating.
Restaurant lease commenced in February 2012 for 20 yrs, every four (4) yrs review, current annual rent 43,000.00/yr paid quarterly in advanced.
Residential above is classified as an HMO fully licensed for six (6) persons comprising of 2-1bed flats and 2 studio flats. Rented to private tenants generating 68,244/yr
The residential rents are currently below market value, presenting an excellent opportunity for future rental growth and enhanced returns.
Income Summary:
Commercial Income: 43,000 per annum.
Residential Income: 68,244 per annum
Total Income: 111.244 per annum.
A rare investment opportunity offering a strong, immediate income stream with significant scope for future rental growth.
Early enquiries are highly recommended.
EPC rating: D.
Ideally positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafs, restaurants, and local amenities.
A rare opportunity to acquire a substantial mixed-use investment offering immediate income and future asset management potential.
Please note we have not inspected this property.
Location
Located in the heart of the highly sought-after Crouch End/Stroud Green area.
Positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafs, restaurants, and local amenities.
Accommodation
The property comprises a well-established, fully licensed bistro/restaurant occupying the ground floor, together with a spacious basement providing excellent storage and attractive outdoor seating.
Restaurant lease commenced in February 2012 for 20 yrs, every four (4) yrs review, current annual rent 43,000.00/yr paid quarterly in advanced.
Residential above is classified as an HMO fully licensed for six (6) persons comprising of 2-1bed flats and 2 studio flats. Rented to private tenants generating 68,244/yr
Tenure
Freehold, title number NGL298041
EPC
Commercial - rating B
Flats 1 - 4 - all rating D
Rateable Value
Current rateable value (1 April 2026 to present) 34,750
This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.
Sourced from voa
Council Tax
Band E
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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