TypeRetail Investments · Assured Shorthold Tenancies
N22 1 Station Road, Wood Green, London
TenureFor sale
Specification
- Building size
- Building size 2,163 sqft
- Property type
- Property type Retail Investments · Assured Shorthold Tenancies
- Tenure
- Tenure For sale
Description
Mixed use retail & residential investment in a prominent position on Station Road, Wood Green. Annual income £94,000 pax.
The property occupies a prominent position at the eastern end of Station Road, at its junction with High Road (A105) diagonally opposite Wood Green Tube Station. Station Road junctions with the High Road, this area being the primary shopping destination for Wood Green.
The property comprises a ground floor retail unit with three self-contained 1 bedroom residential flats across the upper floors.
The ground floor is operated as Chesters Chicken and is fitted out for restaurant use.
Station Road has been highlighted a placemaking area of interest which has the greatest potential to attract new economic growth to the area. The old North Metropolitan Power and Electricity Company's office, now housing The Green Rooms Hotel and Oita restaurant provide architectural interest as a hub for the local creative community. The immediate access to the station makes this property well situated for transportation. Wood Green is on the Piccadilly Line providing easy access to King's Cross St Pancras, Leicester Square, Hammersmith, and Heathrow.
Location
Wood Green is a vibrant and busy area of north London, within the Borough of Haringey. This is an exciting area with easy access to events at Alexandra Palace and a short distance to Tottenham Hotspur stadium. These amenities attract a high footfall as well as being enjoyed by residents.
Haringey is the capital's best-connected borough, being just 10 minutes away from central London, with direct routes to King's Cross, Liverpool Street, Cambridge, and Stansted Airport. Wood Green Tube station provides the area with excellent connectivity There is also potential for a future Crossrail 2 station, which would connect Haringey to South-West London.
Wood Green is currently undergoing a regeneration scheme, strengthening its position as the economic and cultural heart of North London. This will be done by revitalising public spaces, improving connections to the Cultural Quarter and enhancing parks and green spaces. High Road and Station Road are both key areas of the scheme, with plans to make the area more welcoming through diversifying amenities, to include big retailers, local retailers and community dedicated spaces for artwork and events. Nearby on the High Road is The Mall Shopping Centre with tenant's including Cineworld, Boots, Pret, JD and Five Guys.




