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GREEN LANES, PALMERS GREEN

LONDON, N13
For Sale

£625,000

For Sale

£625,000

GREEN LANES, PALMERS GREEN

LONDON, N13

Bed For Sale

Property Features

  • Mixed Use Freehold Investment For Sale
  • Close to main transport link
  • High Street Location
  • Air Conditioning
  • Off street parking
  • Gas central heating
  • Vacant 3 Bedroom Flat
  • Freehold

About this property

The property is a mid-terrace Victorian built three floor building comprising a ground floor shop unit with two residential flats above.Ground floor retail shop let on a 12-year lease from 5th May 2011 which expired May 2023 currently holding over with allocated car parking space. 1st floor flat is a 3-bedroom which is presently vacant.2nd floor flat has been sold on a long lease 189 years from December 1987 (154 years unexpired) at peppercorn rent.

Freehold Investment for Sale
The property is a mid-terrace Victorian built three floor building comprising a ground floor shop unit with two residential flats above.
Ground floor retail shop let on a 12-year lease from 5th May 2011 which expired May 2023 currently holding over with allocated car parking space.
1st floor flat is a 3-bedroom which is presently vacant.
2nd floor flat has been sold on a long lease 189 years from December 1987 (154 years unexpired) at peppercorn rent.

The ground floor retail is presently producing £19,000 per annum with potential to negotiate a new rent and lease, any user within Class E planning regulation introduced 1st September 2020

MEASUREMENTS: Ground Floor 785 Sq.ft
1st Floor 840. Sq.ft
2nd Floor 840. Sq.ft

Total Area: 2,465 Sq.ft

Contact Details