Call the team on 020 7625 9007 for more information
A Commercial & Residential Investment Producing £59,500 per annum.
The property comprises a mid terraced building over ground and two upper floors arranged as a ground floor shop with six self contained studio flats above.
Tenure
Freehold
Location
The property is situated in the popular North West London area of Wood Green amongst the local shops and restaurants of Green Lanes. The open spaces of Ducketts Common are also within close proximity. Transport links are provided by Turnpike Lane underground station (Piccadilly line).
Accommodation
Ground Floor Shop Area & Storage First Floor Four Studio Flats Second Floor Two Studio Flats
Tenancy
The shop is let on a 16 year FRI lease commencing 13th April 2010 at a rent of £15,500. 4 yearly reviews. The six flats above are let on a single 3 year tenancy commencing 20th July 2012 (holding over) at a rent of £44,000 per annum.
Current Rent Reserved £59,500 per annum
Viewing Details
Tuesday 7th February 13:30 14:00 Thursday 9th February 13:30 14:00 Tuesday 14th February 13:30 14:00 Thursday 16th February 13:30 14:00 Tuesday 21st February 13:30 14:00
Legal Pack Received
False
Addendum
Amended Guide Price: £800,000+
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.