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459 Green Lanes, Palmers Green, N13 4BS

666 Sq Ft / Other / Investment

Sold - Last updated: 28 August 2020

 

The property comprises a semi-detached building, the ground floor of which is vacant and was formerly a hair salon. The space is thought to be suitable for a variety of uses, including conversion to residential, office or surgery (subject to planning).

 

Location

Located on Green Lanes and within walking distance of various retail shops and services, including, but not limited to, Lloyds Bank, Gillan House Surgery, Sainsburys Local, and McDonalds.  The premises are c.4-minute walk from Palmers Green station, providing access into central London.  The A10 is c.1 mile distant.

Terms

The property is available freehold, subject to:

  1. Vacant possession, the ground floor former hairdressers.
  2. The long leasehold interests of the upper floors which are held on the following terms:

459a – 125 years from 25.11.13 at a ground rent of £XXXa rising by £150 every 25 years to a maximum of £XXXa

459b – 125 years from 27.4.17 at a ground rent of £XXXa doubling every 25 years to a maximum of £3,200

 

  1. Rights reserved by the Landlord over the main hallway, thus giving an alternative access to the ground floor. 

NOTE:

  1. The rear garden has been sold off freehold and a dwelling has been erected on the land
  2. Approximately half the forecourt (right-hand side) has been sold off to the owner of the rear garden
  3. The Landlord insures the building.

 

Specification

  • Suitable for a variety of uses including residential conversion (subject to planning)
  • WC 
  • Walking distance of Palmers Green Station  
  • Eligible for small business rates relief (subject to meeting criteria)
  • Forecourt parking

 

Accommodation Grid

sq ftsq m
 
The following are approximate Gross Internal Areas measured in accordance with RICS Code of Measuring Practice:
 
TOTAL GIA                                                  666  sq ft                  61.8 sq m
 
According to the Valuation Office, the net internal floor area is 575 sq ft (53.4 sqm)
 


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