Commercial property for sale in Middle Lane, London N8
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Property features
- An unbroken freehold building
- Ground floor takeaway unit
- Two self-contained one bedroom flats above
- Ground floor subject to a lease expiring 2036 on fr&I terms and five yearly rent reviews
- One flat subject to an AST and one flat vacant
- Currently producing £33,400 per annum
Property description
Strapline
Auction Sale - 23/07/2024
Of interest to investors - A Freehold unbroken building comprising a ground floor takeaway unit and two self-contained flats above. Ground floor unit subject to a lease, one flat vacant and one flat subject to an AST. Producing £33,400 per annum.
Description
The property comprises an unbroken mid parade building comprising a ground floor unit trading as a fast food takeaway together with two one bedroom flats above. The flats are approached by a separate door from Middle Lane.
Location
Hornsey/Crouch End is a fashionable and popular suburb of North London close to Highgate, Hampstead and Muswell Hill. The property is located at the northern end of Middle Lane near its junctions with Priory Road and High Street. Priory Park is opposite and Alexandra Park is within easy reach. The building is within a busy parade serving this affluent residential neighbourhood.
Transport
Hornsey Overground Station is located around 12 minutes walk from the property offering services to Finsbury Park station (Victoria and Piccadilly lines) and Moorgate. A comprehensive network of bus routes serves the area. Middle Lane offers straightforward access to the A1 and A406 North Circular Road.
Accommodation
Please refer to the schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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