Commercial Property for sale in Palace Gates Road, London

  • £835,000
  • Other
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Number 8 Palace Gates Road GF is let to a hair dressers at £10,000 per annum on an FR & I Lease. Rent review in 2011 while the upper parts are occupied by three flats, each sold off by way of long leasehold interests and each producing £100 per annum ground rent. Number 10 Palace Gates Road GF Shop let to Bengal Berties Restaurant at £12,000 per annum on an FR & I Lease with a Rent review due in 2012. Flats 10a and 10b Palace Gates Road Both long leasehold flats SOLD producing £250 per annum ground rent each. Flat 10c palace Gates Road Studio flat with separate shower/WC let by AST currently producing £5,400 per annum Flat 10d Palace gates Road One Bed with separate kitchen/ Bath/ WC let by way of an AST producing £8,640 per annum Roof space above 10 and 12 Palace Gates Road This has expired planning consent to form another flat with alteration to the entrance of the flat below. 12 Palace Gates Road Ground Floor let to an A4 occupier at £18,000 per annum on an FR & I Lease. The upper parts consist of two flats sold off by way of Long leases producing £225 per annum GIVING A GROSS ANNUAL INCOME OF £55,565 PER ANNUM

Tenure Freehold Price Offers in excess of £835,000 Viewings Via owners agents Paul Simon Seaton Commercial 020 8800 4321 3 SHOP AND UPPER PARTS TO BE SOLD BY PRIVATE TREATY AS A WHOLE OR IN TWO LOTS You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
property reference: PGAME11
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020 3597 3360
Paul Simon Seaton Commercial, Palmers Green
Magic House, 5-11 Green Lanes, Palmers Green, London N13 4TN
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