29/10/2024
👀 We are pleased to launch to the market, 2 Norman Road, Tottenham, N15 4ND
Permitted development opportunity to convert the existing building into 21 apartments.
• Freehold Class E building across two-storeys
• The Building extends to approximately 1,570 sqm (16,899 sqft)
• Entirely let to Pirate Studios Properties Limited with the lease expiring in April 2040
• Passing rent of £242,455.50 with 5-yearly RPI-linked rent reviews
• The landlord has an option to terminate this lease on or before 19th June 2025, by giving the tenant not less than 3 months written notice
• The total proposed residential NIA is approximately 1,079 sqm (11,607 sqft)
• Potential for further residential accommodation through an increase in height and massing, subject to obtaining all necessary consents
• The property is a 5-minute walk from Seven Sisters Underground Station
Further information is available at www.glpg.co.uk/norman-road/
💷 The property is for sale freehold by way of informal tender (unless sold prior) at offers over £4,000,000 which reflects approximately £237/sqft on the existing GIA.
For further information or to arrange an inspection, please contact:
☎ Dean Leslie ([email protected] / 07446 918 939 / 0203 196 2415)
☎ Reuben Barnard ([email protected] / 07380 919 319 / 0203 196 2412)
☎ Sam Bacon ([email protected] / 07530 961 373 / 0203 196 2413)
☎ ☎ Max Appleby ([email protected] / 07760 108 640 / 0203 196 2414)
Marcus Godfrey ([email protected] / 07949 990 901 / 0208 143 1279)
GLPG Office: 020 3640 6420 / [email protected]
Alternatively, please contact our Joint Agents at Tuatara Real Estate:
☎ Dan Cohen MRICS ([email protected] / 07920 521 898)
☎ Simon Perlmutter MRICS ([email protected] / 07732 899 152)