Property Details - 285 Hornsey Road, Finsbury Park, London

Photo of 285 Hornsey Road, Finsbury Park, London

Sold for £130,000

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Lot 7

This three storey terraced building consists of a ground floor lock up shop and a separate first/second floor self-contained maisonette above with its own street access from Tollington Way.

The shop is currently let for a 5 year term at a rent of £8,000 pa and the flat above has been sold off on a long lease for a term of 189 years from 25.12.1978 at a current ground rent of £50 pa. The property is located on the west side of Hornsey Road close to the junction of Tollington Way, a busy thoroughfare with nearby traders such as Tesco Express, a public house, coffee shops and general stores serving this densely populated residential location.

ACCOMMODATION

Shop frontage 15'3" with a depth of 24'9", kitchenette, WC and rear store room with door to fire escape. Total GIA approx 455 sq ft (42.3 sq m).

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Islington 020 7527 2000
Rateable value for shop: £7,200

VIEWING TIMES

By appointment through the Auctioneers

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

285 Hornsey Road, Finsbury Park, London

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