Commercial for Sale: High Road, N129

Description

Commercial for Sale

Offers In Excess Of £550,000 ()

Property Ref: HW_009672

Status: Available

    Print Details Sheet

    London, N12 9QD

    Comprised of a ground floor shop with the benefit of storage at the rear and on the first floor. The shop affords the following approximate dimensions:

    Sales area 560 sq ft

    Rear storage 170 sq ft

    First floor storage 170 sq ft

    TOTAL 900 sq ft

    Lease:10 year full repairing and insuring (FRI) lease commencing from Dec 2015 subject to 5 yearly rent reviews.

    Rent: £28,000 per annum exclusive

    Ground Rent: £1,700 per annum (from 5 flats)

    Total Income: £29,700 per annum

    Ownership: Freehold

    VAT: Not applicable

    Viewings: Strictly by appointment through agents as above.

    We have been instructed to seek offers in excess of £550,000 reflecting a gross yield of 5.4%

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    Henry Wiltshire Estate Agents London