Retail premises for sale in Wades Hill, London N21

Guide price £325,000 (£848.56/sq. ft)
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Retail premises for sale

383 sq. ft*

Property features

  • Freehold income producing investment
  • Rarely available freehold building in affluent, highly sought after, location
  • Passing rent: £16,500 per annum
  • Within 80m of The Green, Winchmore Hill
  • Less than 200m to Winchmore Hill Rail Station

Property description

The property comprises a mid-terrace shop and upper parts.

The ground floor retail unit has a net internal area of approximately 35.65 sq m (384 sq ft) and is currently trading as an interior design showroom and office. The unit is fitted out to a good standard with spot lighting, wooden flooring and WC to the rear.

The unit is let to Green and Ginger Limited on a 10 year lease from 19th March 2021 at a passing rent of £16,500 per annum.

The upper parts are sold off on a 999 year lease from 25th of March 1997 at a peppercorn ground rent.

Location:
Winchmore Hill is a highly desirable and affluent North London suburb. The property is situated at the southern end of Wades Hill, less than 200m from Winchmore Hill Railway Station and less than 80m from The Green, the prestigious heart of Winchmore Hill.

Wades Hill extends between The Green, Winchmore Hill in the south and Green Dragon Lane to the north. The subject property is located on the west side of Wades Hill, just north of The Green. Local occupiers include Pink of London, The Post Office, Buckle and Vaughan, Hopper & Bean, Going Greek, The Larder, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, cafes and pubs.

The location has excellent communication links. Winchmore Hill Mainline Station provides direct services to Finsbury Park (Victoria & Piccadilly Lines) and Moorgate (Northern Line), with journey times of 16 minutes and 31 minutes respectively. Northbound services provide further links to Hertford North and Stevenage.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Gilmartin Ley, N1 on +44 20 3641 5757 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gilmartin Ley, and do not constitute property particulars. Please contact Gilmartin Ley for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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