Investment Opportunity - The property is currently trading as a well established Cafe, which has been trading since April 2005.
LOCATION
The property is a 4 minute walk from Wood Green Underground Station (Piccadilly Line), with Alexandra Palace Overground Station just located just under half a mile from the property (9 minute walk). The area provides numerous bus routes.
DESCRIPTION
This end of terrace property comprises a ground floor shop. The main service area is located at the front of the property with a kitchen prep area (no extraction) and WC located at the rear.
The unit is LET and offers a great opportunity for someone looking for a tenanted investment.
Term: The tenant has had a FRI lease since April 2005. A lease extension was agreed in January 2021, which expires in January 2027.
Rent: £5,500PAX
Rent Review - April 2025
ACCOMMODATION
Gross Internal Area: 299.83 Sq Ft (28.24Sq M)
AMENITIES
Kitchen prep area (no extraction)
WC
Investment Opportunity
Long Leasehold
Close to Wood Green Underground Station
TERMS
Sale of Long Leasehold Interest
OUTGOINGS
Parties are advised to make their own enquiries with the local authority.
LEGAL COSTS
Each party to bear their own legal costs.
VIEWING
Viewings by prior appointment through Drivers and Norris
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