761 - 763 Green Lanes, Winchmore Hill, London, Appropriate), and Related Items Have Not Or Any Other Use
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PLEASE NOTE: The vendors are not obliged to accept any offers and will make their choice of purchaser based on the suitability of the applicants, and their financial status. We will be pleased to answer any questions and look forward to your call. Heating Systems, Fittings, Appliances Measurements & Fixtures All measurements are approximate and are Fixtures, fittings, appliances, central heating only for guidance purposes and should not systems, electricity, plumbing (where be relied upon for purposes of fitting carpets 761 - 763 Green Lanes, Winchmore Hill, London, appropriate), and related items have not or any other use. been tested by Williamsons Dace Brown and N21 3SA no warranty in their respect is offered within These particulars do not constitute part of Freehold Investment Property For Sale these particulars. an offer or contract. Williamson Dace Brown for themselves and for the vendor do OIRO £300,000 Prospective purchasers are advised to have not give or make any warranty or these items independently and professionally representation whatever in relation to this Rental income £18,750 per annum checked prior to entering in to a contract. property. Whilst care and responsibility has been taken in the preparation of these VAT is not applicable Photographs particulars, they should not be relied upon Ground floor lock up shop let to William Hill with two residential flats above let on long Photographs within these particulars may as a statement or representation of fact, we have been taken with non standard camera have not carried out a structural survey, nor leases. Busy parade located on Green Lanes with a variety of other local trades. lens. Items shown are expressly excluded tested the appliances, services or fittings. from the sale unless otherwise stated within Items in photographs are not necessarily the sales particulars. included. The property is located on Green Lanes, Winchmore Hill being a busy thoroughfare in North London with good links to the A10 and the North circular. Other trades within the parade include various restaurants and takeaways, convenience stores, hair dressers, butchers, bars and pubs. The property is located within a short walking distance from Winchmore Hill station (National Rail) with a regular service to Hertford, Moorgate and Kings Cross. There is a service road to the rear of the property for deliveries to the commercial unit. The property includes a ground floor lock up shop let to William Hill with two self contained flats above, both let on long leases. Please see the tenancy schedule on the following page. Accommodation (all sizes approximate) - Ground Floor Retail Space (NIA) Frontage. 16,11ft (4.9m) total depth 96.05ft (29.2m). The shop widens after the first 20 ft. (6m) NIA = 1649 sqft. (153 m²) The shop includes a WC and kitchenette., First Floor. not inspected . Second Floor. not inspected. Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks Ground floor shop (761- Gross frontage William Hill Organisation 10 years from 12 March £18,500 The tenant has an option to break the lease 763) Internal Width 4.9m Ltd 2015 expiring on the 11 in March 2021, Full Repairing Lease subject Shop depth 29.2m. (Bookmakers) March 2025. to a service charge for communal matters. First floor (763a) Residential flat sold on long lease Individual. 120 years from 26.1 2016 £200 pa. Ground rent doubles every 25 years, expiring on the 25.1.2136. Second floor (763b) Residential flat sold on long lease Individual. 99 years from 25.12.1986 £50 pa Ground rent doubles every 33 years, expiring on the 24.12.2085 Total income £18,750 VAT is not applicable. Guide Price Offers are invited in the region of £300,000 for the Freehold interest subject to the tenancies in the tenancy schedule. The vendor is not obliged to accept the highest offer. All offers will be subject to contact. VAT The property is not elected for VAT. Viewings The retail unit may be viewed by appointment only with this office. Planning The property falls within the London Borough of Enfield. Applicants are to make their own enquiries with the London Borough of Enfield. EPC B—45 Viewings By appointment only. Contact Chartered Surveyors Alexander Brown BSc (Hons) MRICS Williamson Dace Brown LLP Chartered Surveyor/Partner 22 Cannon Hill, Southgate Email: Alex @wdbproperty.co.uk London N14 6BY Thomas Dace MRICS www.wdbproperty.co.uk Chartered Surveyor/ Associate Partner Email: [email protected] Tel: 020 8886 4407 .