Comprises a ground floor shop together with two floors above. The premises have been in the same ownership for approximately 52 years.
Location
The premises are situated in a highly visible local parade of shops by the junction of the North Circular Road and Squires Lane. The Great North Leisure Park which includes Vue Cinema, Hollywood Bowl, Better Gym and several restaurants including McDonalds and Pizza Hut is located close by.
Accommodation
2,000 SQ FT APPROX
Terms
PLANNING - There is potential to convert to residential use, subject to planning. The building does not fall within Article 4 Direction and therefore permitted development rights apply. Please make your own enquiries.
Previous planning permissions granted including number 429, extension of ground floor together with flats above and number 433, a rear extension and conversion to 3 flats above.
PRICE - Unconditional offers of £700,000 subject to contact for the benefit of the freehold interest with full vacant possession upon completion.
RATES - Obtained from the www.voa.gov.uk website the premises has a rateable value of the entire is £17,000 and the rates payable for 2025/26 are £8,483 per annum.
EPC - E.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.