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Lordship Lane, London, N17

Price: £2,500,000 Freehold

 
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Lordship Lane, London, N17

Lords Commercial is delighted to offer on the market this Investment/Development Opportunity on main road Lordship Lane.N17 APPROX: 13,000 SQFT

 

 

A collection of light industrial units in a prominent position on Lordship Lane,N17 APPROX: 13,000 SQFT

Sold with tenants occupying the site with 5 year Lease remaining at £120,000 per annum income. THE PROPERTY CAN BE OFFERED VACANT POSSESION WITH 3 MONTHS NOTICE IN ADVANCE AT ANY TIME DURING LEASE FOR LANDLORD FAVOUR ONLY or tenants continue occupying the premises with rent £120,000 per annum exclusive. 
 
Formerly a petrol filling station with a large concrete forecourt and canopy, the premises form a collection of car workshops and light industrial units, situated on this prominent and busy main road position with public transport facilities immediately available.
 

The site would be ideal for Investment/development (subject to planning).

ACCOMMODATION (all sizes approximate) 
  
SITE The site is rectangular in shape in accordance with the attached plan. (Indicated in red)
 
MAIN ROAD FRONTAGE 84’9 (25.8m)

TOTAL SITE DEPTH 148’3 (45m) Minimum 
158’9 (48.3m) Maximum

SITE AREA APPROX 12,908ft2 (1,199.2 m2)

FORECOURT Minimum Depth 54’ (16.5m) deepening to 67’ (20.4m)covered pump canopy.
 
CORNER KIOSK/OFFICE 20’3 (6.1m) x 12’ (3.7m)max. Various stores and 
cupboards

MAIN WORKSHOP 46’ (14m) x 85’6 (26m) Approx 3,933ft2 (365m2) 
Constructed of brick, concrete and steel with a 
corrugated roof. Solid flooring, power and lighting. Roller shutters to entrance with good ceiling height. Two spray booths are incorporated within the main building.
 
WORKSHOP 2 29’ (8.8m) x 103’9 (31.6m) Approx 3,008ft2 (279.5m2) An older building of brick and timber construction with a timber and felt roof. Solid flooring with power and
 lighting. 
  
FIRST FLOOR OFFICES Approx 630ft2 (58.5m2) incorporated within the workshop together with various kiosks and stores.
 
 
The lease expires June 2019, can be extented if not re developed. At any time of the lease the landlord can get full vacant possesion of the premises with 3 months notice.

TERMS Offers are invited in the region of £2.5 million for the freehold, subject to contract and the existing income.
 
EPC The property is within Band G for the energy 
performance certificate.

PLANNING The property falls within the London Borough of 
Haringey and is currently under the use class

Sui Generis All applicants are to satisfy themselves with regard to the Use Class Order or planning
 permissions with regard to any future development.

BUSINESS RATES The site currently has a rateable value of £42,250 and for the year 2013/2014 the business rates payable were £19,899.75.



Disclaimer
Lords Commercial Upgrade endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

 

 


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