A1 Shops Sold
LOCATION
The unit is located in central Wood Green, a bustling centre of activity with a substantial shopping district including two cinemas, numerous bars and restaurants and a shopping centre called The Mall. The unit is prominently situated at the junction of Station Road and Brabant Road and forms the ground and basement of a substantial mixed use building. A large Morrisons supermarket is located to the rear.
DESCRIPTION
35A is located on the ground and lower ground floors of Eclipse House. The premises have been fitted out to a high standard by the previous occupier and are currently arranged as treatment and hair salon rooms. The unit benefits from additional parking to the rear.
TENURE
999 year long leasehold at a peppercorn rent or a new effective full repairing and insuring lease available for a term by arrangement.
PLANNING
The property benefits from planning permission for Retail and Financial Professional Services uses falling within classes A1 and A2 of the Town and Country Planning (Use Classes) Order 1987.
PRICE
£650,000 exclusive (reflecting approx £183 psf)
RENT
£50,000 per annum exclusive
VAT
This property has been elected for VAT.
SERVICE CHARGE
To be confirmed
RATES
Rateable Value: £49,000
UBR (2013/2014): £0.473
Business Rates Payable: £23,177
All interested parties should make their own enquires with The London Borough of Haringey to confirm this information.
EPC
This property is rated at 108 which equates to level E.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
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