MapIndustrial development for sale
Unit D&E, 67 Lawrence Road, Seven Sisters, N15 4EY
Industrial development
1,332 sq ft / 124 sq m
Features and description
- Tenure: Freehold
- Virtual Freehold
- Income Producing
- Tenant established in the local area
- Use Class E
- EPC Rating B
- New-Build Units
- VAT Applicable
- Part of new mixed use development
Description
These units are part of a newly constructed mixed use development.
Unit D and E are let to a cafe operator, covering a total area of 1,332 ft2. The property has been let for a term of 10 years from 18/06/2024 on a Full Repairing and Insuring lease, outside the Landlord & Tenant Act. There are no break options included for either the landlord or tenant.
The passing rent is £38,000 per annum where there is an upward only open market review at the 5th anniversary.
This property is a virtual freehold which has a peppercorn ground rent.
Location
The Vabel Lawrence is situated on Lawrence Road, a broad tree-lined avenue within the lively and culturally diverse neighbourhood of Seven Sisters.
Drawing inspiration from the historical industrial buildings that line this road, the new architecture of The Vabel Lawrence incorporates elements such as generous proportions, stepped brickwork, and black metal-framed windows.
The development combines the charm of a converted warehouse with the advantages of a contemporary new build.
The design of The Vabel Lawrence strikes a careful balance between architectural precision, impressive scale, and the solidity of traditional materials, as well as an inviting ambiance, exquisite details, and a warm interplay of textures and colours.
Seven Sisters is a vibrant neighbourhood teeming with life. From its bustling high street to its renowned indoor markets, craft breweries to lively restaurants, the area offers a thriving atmosphere. Despite being one of the capital's busiest and most dynamic areas, The Vabel Lawrence provides a tranquil oasis in the midst of it all.
The exterior design showcases stepped brickwork and black metal-framed windows that pay tribute to the neighbourhood’s industrial heritage.
These units are part of a newly constructed mixed use development.
Unit D and E are let to a cafe operator, covering a total area of 1,332 ft2. The property has been let for a term of 10 years from 18/06/2024 on a Full Repairing and Insuring lease, outside the Landlord & Tenant Act. There are no break options included for either the landlord or tenant.
The passing rent is £38,000 per annum where there is an upward only open market review at the 5th anniversary.
This property is a virtual freehold which has a peppercorn ground rent.
Location
The Vabel Lawrence is situated on Lawrence Road, a broad tree-lined avenue within the lively and culturally diverse neighbourhood of Seven Sisters.
Drawing inspiration from the historical industrial buildings that line this road, the new architecture of The Vabel Lawrence incorporates elements such as generous proportions, stepped brickwork, and black metal-framed windows.
The development combines the charm of a converted warehouse with the advantages of a contemporary new build.
The design of The Vabel Lawrence strikes a careful balance between architectural precision, impressive scale, and the solidity of traditional materials, as well as an inviting ambiance, exquisite details, and a warm interplay of textures and colours.
Seven Sisters is a vibrant neighbourhood teeming with life. From its bustling high street to its renowned indoor markets, craft breweries to lively restaurants, the area offers a thriving atmosphere. Despite being one of the capital's busiest and most dynamic areas, The Vabel Lawrence provides a tranquil oasis in the midst of it all.
The exterior design showcases stepped brickwork and black metal-framed windows that pay tribute to the neighbourhood’s industrial heritage.
Property information from this agent
About this agent
Forest Real Estate is a young, independent commercial agency with a primary focus on the Office and Industrial/Logistics markets across Central & Greater London, as well as the Home Counties. With a strong market presence, we are recognised as a trusted partner for both small and large commercial real estate owners, delivering innovative marketing solutions tailored to each asset. We provide Landlords and Tenants with comprehensive advice, backed by market data and deep expertise in our sectors.