20 Stoke Newington High St Local commercial 159 m² À vendre Londres N16 7PL 337 679 € (2 121,86 €/m²)

LOT 23 *FOR SALE BY ONLINE AUCTION* on 17th September 2025

In Same Ownership for Approximately 39 Years

Virtual Freehold Ground Floor Shop and Basement Investment

Situated on Stoke Newington High Street, close to local shopping/travelling facilities including Rectory Road Train Station. Hackney Downs Park and Clissold Park are also nearby.

A Terrace Ground Floor Shop Premises and Basement of approximately 159 Sq M comprising:

Retail Area
Rear Rooms
Kitchenette
Shower Room/WC
WC

Substantial Basement

Let on a lease expiring 24th March 2041 at a passing rent of £27,500 per annum subject to periodic reviews (next review on 25th March 2026).

Leasehold. A new 999 year lease will be granted upon completion at a peppercorn ground rent.

Note 1: VAT is not applicable on this lot.

Note 2: Not measured by McHugh & Co, the floor areas stated have been sourced from the VOA website.

Producing £27,500 per annum

Inspection:
By arrangement with the Auctioneers

EPC Rating
C

*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 during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

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The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.