500-508 High Road, London, N17
£30.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
20,000-21,000 sq ft
1,858-1,951 sq m
- SECTOR
High street retail property for sale
Key features
- FOR SALE BY AUCTION 10TH JULY 2025
- Comprises 3 Retail Units and Function Suite
- McDonald's in occupation for at least 40 years
- Tenants include McDonald's Restaurants Limited and Savers Healthy and Beauty Ltd
- New 5 year Lease with Savers (in occupation for over 30 years)
- Directly Opposite Bruce Grove Station
- Approximately 1km South of Tottenham Hotspur FC Stadium
- Nearby occupiers include Asda, Ladbrokes, KFC, Holland & Barrett, German Doner Kebab, Specsavers, Iceland, Poundland, Costa Coffee and Santander
- Rental income £373,336 per Annum Exclusive. rising to Gross Rents of £386,336 pax in 2030 and £405,836 pax in 2032 (3)
Description
Tottenham is a popular North London suburb situated just 6 miles north of the City of London. The property is prominently situated directly opposite Bruce Grove Railway Station and in a very busy trading position on the east side of High Road (A10), the principal aerial route from the City of London through North London. The property benefits foe being approximately 1 kilometre south of the new Tottenham Hotspurs FC Stadium. Nearby occupiers include Asda, Ladbrokes, KFC, Holland & Barrett, German Doner Kebab, Specsavers, Iceland, Poundland, Costa Coffee and Santander.
Tenure
Long Leasehold. Held on 2 Separate Long Leases. Each held for a term from 25/03/1971., the first lease until 2156 (131 years unexpired) at a fixed peppercorn rent and and the second lease until 2032 (7 years unexpired) at a current rent reserved at £190,000 per annum exclusive.
Description
The property comprises two adjoining buildings, forming a terrace of three retail units, one of which is double fronted, and self contained Function Suites on the upper floors.
500 High Road comprises a ground floor retail unit with ancillary accommodation on the first floor. 502-508 High Road comprises two ground floor retail units and self-contained banqueting/conference accommodation on the first floor and ancillary accommodation on the second floor which is accessed separately from the rear via Stoneleigh Road.
VAT
VAT is not applicable to this lot.
EPC
Band C and Band D
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
500-508 High Road, London, N17
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bruce Grove Station0.1 miles
- Tottenham Hale Station0.6 miles
- Seven Sisters Station0.7 miles
Notes
Disclaimer - Property reference A13060Tottenham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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