Description
The property comprises a three storey corner building with ground floor commercial unit operating as a restaurant with two x two bedroom flats above. The property also benefits from planning permission to create a two bedroom detached house to the rear fronting Lealand Road and an advertising board on the side of the premises. The total income for the property is approximately £46,780p.a as per our below schedule.
Location
The property is located on Tottenham High Road, on the corner of Lealand Road. The busy Tottenham High Road is a cultural hub with an array of shops, cafes and businesses.
Green Lanes is a mile away from the property with its wide selection of excellent restaurants. Tottenham Hale Retail Park is also a short walk, which is home to many of the main high street retailers.
Tottenham will be undergoing a major regeneration over the next few years as part of the new Northumberland Development Project, with plans for new homes, leisure facilities and a health centre.
Transport
South Tottenham Overground Station and Seven Sisters Underground Station (Victoria Line) are both a few minutes walk from the property and provide fast links into both the City and the West End. The property is located on the A10, which has links to the A406, leading out to the M25 and M11.
Planning Permission
Planning permission has been granted by Haringey Council Planning Department under the reference HGY/2015/0441 for the erection of a two storey dwelling house on land at the rear of 110 High Road, London N15 6JR
For further information in regards to this application please contact Haringey Council Planning Department on 020 8489 0000
VAT
We understand that VAT is not applicable.
Viewing
Please contact a member of the Highfield team to arrange access.
Terms
Offers are invited in excess of £800,000 for the vacant freehold interest and subject to the existing tenancies.
Buyers Note: The property will be placed in the forthcoming Allsop Auction on 29th October 2015, unless sold prior.
Additional Information
Copies of the existing and proposed floor plans, AST’s, Commercial lease and decision notice for the permission are available upon request.
