Myddleton Road, London N22

  Ref 024400    

Myddleton Road, London N22

Ref 024400

  • £400,000  

    For Sale

    £400,000  

    For Sale

  • Description

    Deceptively large shop which is available as a whole ground floor area together with extremely large rear yard which could be redeveloped (subject to the necessary consents).
    The premises was formerly used as a restaurant/bar and we understand that the planners would prefer this use to be retained. However, interested parties should make their own enquiries as to future planning uses.

    The upper part is sold off on a long lease of 125 years from 2022 at £300 pa ground rent until 2047, rising to £600 pa until 2071 and then £999 pa for the remainder of the lease.

    Gallery

    Area

    The whole ground floor premises 1216 sq ft (113 sq m) Rear yard 628 sq ft (58.38 sq m)

    Tenure

    Freehold

    TERMS: £400,000 for the freehold interest with vacant possession of the ground floor. *Please note the upper part is sold off on a 125 year lease from 2022 at £300 pa ground rent until 2047, rising to £600 pa until 2071 and then £999 pa for the remainder of the term.

    Location

    Situated on Myddleton Road, this trendy and popular street. Myddleton Road runs between High Road and Whittington Road and is intersected by Marlborough Road and Palmerston Road. The nearest station is Bowes Park overground and Bound Green underground, both of which are a short walk away.

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    For Sale

    £400,000