Vacant Freehold Class E Unit For Sale - Winchmore Hill N21

12 Wades Hill,  Winchmore Hill, LONDON N21 1BG

Features

  • Rarely available freehold building in affluent and highly sought-after North London location
  • Of interest to owner occupiers and investors
  • Vacant possession of the ground floor commercial unit
  • Suitable for a variety of uses under Planning Use Class E
  • Local occupiers include pubs, eateries, boutiques shops and salons
  • Within 80m of The Green, Winchmore Hill
  • Less than 200m to Winchmore Hill Rail Station

Guide Price £300,000 subject to contract

Location

Winchmore Hill is a highly desirable and affluent North London suburb. The property is situated at the southern end of Wades Hill, less than 200m from Winchmore Hill Railway Station and less than 80m from The Green, the prestigious heart of Winchmore Hill.

Wades Hill extends between The Green, Winchmore Hill in the south and Green Dragon Lane to the north. The subject property is located on the west side of Wades Hill, just north of The Green. Local occupiers include Pink of London, The Post Office, Buckle and Vaughan, Hopper & Bean, Going Greek, The Larder, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, cafes and pubs.

The location has excellent communication links. Winchmore Hill Mainline Station provides direct services to Finsbury Park (Victoria & Piccadilly Lines) and Moorgate (Northern Line), with journey times of 16 minutes and 31 minutes respectively. Northbound services provide further links to Hertford North and Stevenage.

Accommodation

Net internal area 35.65 sq.m. /383 sq.ft. 

  • Ground Floor Commercial Unit 35.65 sq.m. / 383 sq.ft.
    Interior design showroom and office, fitted out to a good standard with spot lighting, wooden flooring and WC to the rear.


Description

The property comprises a vacant mid-terrace shop and residential upper parts, which have been sold off on a long lease. 

The ground floor retail unit has a net internal area of approximately 35.65 sq m (384 sq ft) and historically traded as an interior design showroom and office. The unit is fitted out to a good standard with a mix of hanging and spot lighting, wooden flooring, decorative panelled walls, storage cupboards, sink / breakout area and WC to the rear. 

The ground floor commercial unit is to be sold with vacant possession and would suit a variety of uses under Planning Use class E, including office, retail and clinic uses, amongst others.  

The upper parts are sold off on a 999 year lease from 25th March 1997 at a peppercorn ground rent. A copy of the 999 year lease is available to download from our website. 

Terms

Freehold for sale with vacant possession of the ground floor commercial unit. The upper parts are sold off on a 999 year lease from 25th March 1997. A copy of the long lease is available to download from our website. The property is not elected for VAT.

Viewings

By prior appointment with Gilmartin Ley, telephone 020 8882 0111.

Local authority: London Borough of Enfield

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Property reference: 31774 Updated: 19 Sep 2024