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Freehold Café / Bar and Residential Upper Parts - London N22

To rent: ROA|2226 Sq Ft|Residential, Offices, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure

PROPERTY DETAILS

TO RENTROA
SIZE2226 Sq Ft
ADDRESSThe Step, 101 Myddleton Road, London, Greater London, N22 8NE
TYPEResidential, Offices, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure
TENURETo Let
POSTED ON3rd February 2020

DESCRIPTION

Freehold Café / Bar and Residential Upper
Parts - London N22
Vacant possession of ground floor. Upper parts let on single AST

101 Myddleton Road,
Bowes Park,
LONDON, N22 8NE

Area
Gross Internal Area: 207 sq.m. (2,226 sq.ft.)

Price
Guide Price £725,000 subject to contract

Property Description
The property comprises a three storey mid-terrace building comprising a café / bar on the ground floor and a self
contained flat over the first and second floors.

The ground floor is currently operating as a café / bar called 'The Step'. The space is configured to provide seating for
approximately 50 people and a bar area towards the front of the building, with the kitchen, WC facilities and additional
storage rooms towards the rear of the property. There is a large rear garden area with additional customer seating for
approximately 50 people.

The upper parts comprise a two bedroom residential flat, arranged over first and second floors, which is accessed via a
separate entrance at street level.

The property is to be sold with the benefit of vacant possession of the ground floor commercial unit and subject to the
assured shorthold tenancy on the residential flat, which currently generates a rental income of £1,300 per calendar
month.

> Freehold for sale with vacant possession of ground floor café / bar
> Located in an improving part of North London
> Gross internal area: 206.89 sq.m (2,227 sq.ft)
> Site area: 207.95 sq.m (0.05 acres)
> Residential upper parts (2 x bedroom flat) let on an AST generating a rent of £1,300 per month
> Development, reconfiguration and alternative use potential STPP
> Of interest to investors and owner occupiers
> Exceptional transport communications
> Bowes Park Rail Station only 200 metres (0.12 miles) distant
> Bounds Green London Underground Station (Piccadilly Line) only 450 metres (0.28 miles) distant
> A406 North Circular Road circa 0.7 kilometres (0.43 miles)

https://www.gilmartinley.co.uk/properties/for-sale/restaurants-a3/bowes-park/london/n22/28062 Our ref: 28062

Freehold Café / Bar and Residential Upper
Parts - London N22
Vacant possession of ground floor. Upper parts let on single AST
Accommodation
Accommodation Area sq.m. Area sq.ft. Comments
Ground Floor 124.53 1,340
First Floor 63.31 681
Second Floor 19.05 205

Property Location
The property is located towards the centre of Myddleton Road, a mixed residential and Edwardian shopping street
situated in the 'up and coming' and predominantly residential area of Bowes Park / Bounds Green. There are a wide
variety of commercial occupiers in the immediate vicinity, which include bakeries, cafés, offices, restaurants, a fitness
centre/gym, hair salons and convenience stores.

The property has exceptional connectivity via road and rail.

The A406 North Circular Road is only 0.7 kilometres (0.43 miles) to the north of the property
Bowes Park Rail Station is only 200 metres west of the property, providing connections to Finsbury Park (10 minutes),
Kings Cross (20 minutes) and Moorgate (27 minutes). Bounds Green London Underground Station (Piccadilly Line) is
450 metres west of the property, providing further southbound connections into central and west London and
northbound routes to Southgate and Cockfosters amongst others.

2017 Rateable Value £10300.00
Estimated Rates Payable £0 per annum
Service Charge p.a. N/A
Terms Freehold for sale subject to vacant possession of the ground floor café / bar and subject
to an assured shorthold tenancy in respect of the residential upper parts with a current
passing rent of £1,300 per calendar month.
Legal Fees: Each party is to bear its own legal fees
Local Authority: London borough of Haringey
Viewings: By prior appointment with Gilmartin Ley, telephone 020 8882 0111
Further information at: http://www.gilmartinley.co.uk/properties/28062
Energy Performance Certificate
Floor Plans

LOCATION

Location: The Step, 101 Myddleton Road, London, Greater London, N22 8NE

Bounds Green (0.3 miles)

Wood Green (0.7 miles)

Arnos Grove (1.0 miles)

Bowes Park (0.1 miles)

Alexandra Palace (0.6 miles)

Palmers Green (0.9 miles)

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