255 LORDSHIP LANE, , N17 6AA

Vacant Residential Led Mixed Use Investment Opportunity 32 apartments & 6,667 sq ft commercial I Practical completion Sep 2021 Unbroken Freehold for sale on behalf of the Joint Administrators 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

OPPORTUNITY • Freehold for sale • Flexible office accommodation within 4 suites of 5,384 sq ft. Additional • Construction being completed by the vendors with 3ACE (Contractors) UK accommodation within use class B1/B8/D1/D2 of 1,283 sq ft. Ltd as main contractor • Links to central London in 13 minutes from local underground stations • Sale to be completed following practical completion due September 2021 • Strong residential rental demand • 32 apartments over ground and three upper floors, all with private outside • Tottenham undergoing significant regeneration. Bruce Gove and amenity space (some on roof terrace) being remodelled • 5 x 1 bed, 20 x 2 bed, 6 x 3 bed, 1 x 4 bed. Total residential net sales area - • 2 to run through 26,218 sq ft • Offers are invited for the freehold interest • Only 3 affordable units (intermediate) 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

LOCATION

Tottenham is a vibrant and popular district of north London with a variety of local amenities and excellent transport links into Central London.

The property is located on the south side of Lordship Lane, opposite the junction with Awlfield Avenue, 250m from the green spaces of Lordship Recreation Ground. There are an array of shops, supermarkets, pubs and restaurants off the High Road at Bruce Grove 1km away, as well as Bruce Grove station ( to Liverpool Street in 18 mins). Turnpike Lane (Piccadilly Line to Kings Cross in 13 mins) and Tottenham Hale ( to Oxford Circus in 15 mins) are c. 1.5km and 1.8km away respectively.

Road links are excellent with the A10 close by, which links to the A406 north circular 2km away, and to the City of London to the south.

Tottenham Regeneration

Tottenham is the subject of significant regeneration, receiving £28m from the Mayor’s Regeneration Fund, matched by £13m from Haringey Council and £20m from TfL. The town centre is being improved with new public spaces and housing, increased transport capacity and transport links, so that it can reap the benefits of Tottenham Hotspur’s new world class stadium development.

Bruce Grove, Holcombe Market and its surroundings, which are c. 1km from 255 Lordship Lane are being comprehensively redesigned to make the space more attractive and easier to use, bringing increased activity to the area.

Numerous residential developments are either underway or planned at Tottenham Hale which will result in circa 2500 new homes and a range of new commercial and leisure accommodation. 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

ACCOMMODATION SCHEDULE

RESIDENTIAL No of Units % split Total Floor Area (sq m) Total Floor Area (sq ft) % split Total Hab Rooms Floor Unit no Beds People Sq Ft

LG/G 1 4 6 1,127 1 bed 5 16 265 2,856 11 8 LG/G 2 3 6 1,122 2 bed 20 63 1,446 15,565 59 72 LG/G 3 2 4 920 3 bed 6 19 619 6,666 25 20

G 4 3 6 1,026 4 bed 1 3 105 1,127 4 6 G 5 1 2 594 Total 32 100% 2,435 26,215 100% 106 G 6 2 4 769 G 7 2 4 785 COMMERCIAL G 8 2 4 774 Accomodation Floor Floor area (sq m) Floor area (sq ft) G 9 2 4 785 B1, B8, D1, D2 Use LG 119.2 1,283 1 10 3 6 1,257 Office LG 325.6 3,504 1 11 3 6 1,151 Office Mezz 174.7 1,880 1 12 1 2 548 Total 619.5 6,667 1 13 2 4 756 1 14 2 4 756 1 15 2 4 756 Accomodation Floor Floor area (sq m) Floor area (sq ft) 1 16 2 4 756 Office Amenity LG 49.1 528 1 17 2 4 771 Amenity to gym LG 31.7 341 2 18 3 6 1,057 Communal garden/shared G 185.0 1,991 2 19 3 6 1,053 amenity space 2 20 1 2 548 Circulation LG 51.9 558 2 21 2 4 756 Circulation MEZZ 94.6 1,018 2 22 2 4 756 Circulation G 147.5 1,588 2 23 2 4 756 Circulation 1F 92.4 995 2 24 2 4 756 Circulation 2F 91.8 988 2 25 1 2 599 Circulation 3F 83.7 901 3 26 2 3 704 Circulation 4F 51.9 559 3 27 2 4 764 Services LG/MEZZ 90.8 977 3 28 1 2 569 Store LG/MEZZ 58.2 627 3 29 2 4 823 3 30 2 4 823 Parking MEZZ 364.2 3,920 3 31 2 4 823 Bike store LG 37.1 400 3 32 2 4 778 Refuse/recycling LG 19.0 205

Total 26,218 Total 1,449 15,596 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

FLOOR PLANS

Lower Ground Floor Ground Floor

Mezzanine First Floor 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

FLOOR PLANS

Second Floor Roof Terraces

Lower Ground Floor

Third Floor 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

SPECIFICATION PLANNING

Kitchens Consent was granted for ‘Demolition of existing building, construction of new road and construction of a lower ground, first, second and set back third storey building • Handless Soho white gloss kitchen cupboards with Starlight 38mm laminate comprising of 31 new residential flats and new office space’ in August 2016, ref: square edge worktops (3000 x 600 x 38) HGY/2015/2321.

• Adobe Matrix R15 1 stainless steel undermount kitchen sink with PPI Arras Subsequently, in December 2017 consent was granted for ‘Variation of Condition 2 Monobloc chrome swan neck mixer tap (plans and specification) attached to planning permission HGY/2015/2321 for the erection of a four storey development (plus two below ground levels) of 32 residential • Candy FCT 405X Single fan oven with LED programmer, Candy CH64BVT 60cm units plus commercial space, including an additional lower ground floor level of 549.26 ceramic hob with twin power zone, Bosch DLN53AA70B canopy sq m.’ • Neue ND1H 1L949-80 slim integrated dishwasher / Neue NI 3E7L0NB-80 The Section 106 agreement details that three dwellings are to be provided as integrated dishwasher intermediate housing (Units 1, 2 & 3 - 1 x 4 bed, 1 x 3 bed, 1 x 2 bed). In addition, the • Neue NCBS 1772 70/N integrated static 70/30 fridge freezer office accommodation is to be let for no more than £12 p sq ft until Dec 2023, no more than 80% of market rent for the following 2 years (not less than £12 p sq ft), and no more • Bosch WNAA134U8GB8 washer dryer / Neue NED 1475D4E 1-80 washer dryer than 90% of market rent thereafter (not less than £12 p sq ft). Sanitary Appliances TENURE • Grotherm 800 Thermostatic bath mixer and shower mixer with shower set, Concetto basin mixer The property is held Freehold.

• Mira shower trays, Merlyn panels/doors

• Laufe pro soft close seat

• Techno project toilet roll holder and robe hook

• Vitra mirror cabinet

The commercial accommodation will be finished to shell and core.

PROJECT TEAM

Architect – Oculus Architects Limited

Main Contractor - 3ACE (Contractors) UK Ltd

Project Manager - Naismiths

Structural Warranty - Build Zone 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

EPC’S & SAP’S

EPCs and SAPs will be obtained on practical completion and will be made available at that time.

TERMS

Offers are invited for the freehold interest with vacant possession.

VAT will be payable if applicable. Further information SALE PROCESSAdditional information is available in a data room. For access, please email It is intended that the property will be sold by way of private treaty. A date for the submission of offers will be confirmed in due course. [email protected] The Joint Administrators are not bound to accept the highest, or indeed any offer received. Contacts FURTHER INFORMATION Jon Cookson Additional information is available in the data room. Access will be provided07917on 616 490 request. [email protected] VIEWINGS

Strictly to be arranged via the sole agents, Hilco Global Real Estate Advisory. 255 LORDSHIP LANE, TOTTENHAM, LONDON N17 6AA

Further information Additional information is available in a data room. For access, please email [email protected]

Contacts Jon Cookson 07917 616 490 CONTACTS June 2021 [email protected] NICK HUGHES MRICS JON COOKSON MRICS +44 (0)7979 541 238 +44 (0)7917 616 490 [email protected] [email protected]

Misrepresentation Act

Hilco Global Real Estate Advisory is a department of Hilco Valuation Services. Hilco Valuation Services gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Hilco Valuation Services has any authority to make any representation or warranty whatsoever in relation to this property. Hilco Valuation Services is the trading name of Hilco Appraisal Limited incorporated in England and Wales with registered number 04703331. Its registered office is 11 Ironmonger Lane, London, EC2V 8EY. Subject to contract.