LOT 9

145 Tottenham Lane, Hornsey, N8 9BT

FREEHOLD COMMERCIAL INVESTMENT & 5 HMO BEDSITS

Guide price: £645,000 plus*

Auction Date

Thursday, 28th October 2021 12:00pm

This property comprises a three storey end-terrace building arranged as a ground floor A1 retail unit with a first and second floor maisonette which is in use as a five HMO bedsit. The property is located on Tottenham Lane (A103), which is situated between Crouch End and Hornsey, within the London Borough of Haringey and the N8 postal district. This property is well served by regular bus services running through Park Road (A1201) and Tottenham Lane (A103). These connect with Central London and other local points of interest. The nearest London Underground station is Highgate, which is located within a mile to the west.

Accommodation

Ground Floor Shop: 102 sq m (1097 ft sq)
First Floor Room 1: 11 sq m (118 ft sq)
First Floor Room 2: 12 sq m (129 ft sq)
First Floor Room 3: 17.65 sq m (190 ft sq)
Ground and First Floor Communal areas inc hallway and two bathrooms: 36.2 sq m (390 ft sq)
Second Floor Room 4: 12.84 sq m (138 ft sq)
Second Floor Room 5: 11.91 sq m (128 ft sq)
Second Floor communal area: 1.75 sq m (19 ft sq)

Tenancy Details

The ground floor is currently Let to Fresco Food & Wine holding over at £24,000 p.a. on a 20 year lease from 17.06.2000.

Four HMO bedsits are let on Assured Shorthold Tenancy agreements at a combined rent of £40,800 p.a. We understand that the fifth HMO bedsit is vacant.

EPC Rating

Ground Floor Shop = D
Flat 1 = C
145a = C

Note

Auction Surveyor: Akiva Levin
E: Akiva.Levin@Strettons.co.uk
M: 020 3988 5300

Status

Withdrawn

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.