Thursday, 25 February 2010

1st & 2nd Floors,39 Stroud Green Road, Finsbury Park, N4 (N4)

Location & Description
A mid terrace upper part comprising seven individual bedsit rooms above a retail unit within an established mixed commercial/residential area, close to the junction with Lennox Road and near to Finsbury Park. The property is also about ¼ mile from Finsbury Park mainline, underground and bus stations.
Accommodation
Attic: 1 bedsit room
Second Floor: 3 bedsit rooms, kitchen
Half Landing: Bathroom/WC
First Floor: 3 bedsit rooms, kitchen
Half Landing: Bathroom/WC
At the time of printing, we have been unable to view any legal documentation but are advised that five of the seven bedsits are currently let on ASTs
Lease Details
Held on a 99 year lease from 24.06.1986 at a ground rent of £50 p.a.
EQUIVALENT TO £24,130 p.a. plus 2 VACANT bedsits.
Contact: 020 8520 8383
Joint Auctioneer
Field & Sons.
Tel: 020 7234 9639
Ref: Ian Lim Esq
GUIDE PRICE: £320,000 - £340,000


Announcements
With reference to the Lease Details, the property is held on a 99 year lease from 24.06.1989 at a ground rent of £50 p.a. and not as stated on the particulars.

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