Summary - GROUND FLOOR SHOP,178 Archway Road,LONDON,N6 5BB N6 5BB
1 bed 1 bath Commercial Property
Compact, period retail unit with long lease and vacant possession.
Prominent high‑street A1 position on busy Archway Road
A compact ground-floor retail unit on Archway Road, offered with vacant possession and a long 999-year lease from 2006 (c.980 years remaining). The property sits on a busy A1 high‑street close to Highgate Village, benefitting from prominent street-level display and steady footfall suitable for local retail or café use. Previously let at £12,500 pa, it offers immediate rental comparators for investors or a low‑cost entry for an owner-occupier business.
The shop is small but practical: 14'9" internal width (max), 25'3" depth to the shop area and built depth 40'9", plus a WC. The frontage and high ceilings give strong curb appeal; the building displays period character in keeping with nearby terraces. VAT is not applicable and the lease is effectively long‑hold with a peppercorn ground rent, simplifying holding costs.
Buyers should be aware this is a compact single‑front shop unit — suitable for local A1/A3 uses or a change of use subject to planning and lease/title constraints. The unit is vacant, so immediate refurbishment and fit‑out will be necessary before trading. Completion is on an accelerated eight‑week timetable and the lot will be sold at auction on 20 November 2025 (unless sold prior), so prospective purchasers should carry out early due diligence on services and planning.
This lot will appeal to buy‑to‑let investors seeking a low entry price on a long lease, local traders looking for a prominent high‑street presence, or developers/occupiers prepared to refurbish. The location’s strong schooling, mixed residential catchment and nearby amenities support daytime and evening trade, while broadband and mobile signals are adequate for typical retail operations.
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