Retail premises for sale in High Road, London N20

Guide price £350,000 (£678.29/sq. ft)
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Retail premises for sale

516 sq. ft*

Property features

  • Investment Opportunity
  • Both flats sold off on long leases
  • Prominent High Road position
  • Freehold Sale
  • Business not affected

Property description

Situated in a prominent position in the High Road, which benefits from an array of shops, restaurants & coffee shops - including; Boots, Waitrose, Costa Coffee, Marks and Spencer, and a number of independent traders.

The property comprises a retail unit on the ground floor, with a flat on the first floor, and a further duplex flat over the second & attic floors.

Both flats have been sold off on long leases - lease terms & ground rent details overleaf.

The area is well served by public transport, with bus services running along the High Road, and with Totteridge & Whetstone underground station (Northern Line) being within a quarter of a mile.

Shop
1296 High Road Let on a 20 year term commencing
June 2022
Passing rent £24,400 pax, Next Review date June 2027.

Flat 1296a 125 year lease commencing
September 2003 Approximately 103 years remaining
Ground Rent currently £75 pa

flat 1296 b 125 year lease commencing
September 2003 Approximately 103 years remaining
Ground Rent currently £75 pa

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
Maunder Taylor, N20 on +44 20 3478 3236 * (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 Maunder Taylor, and do not constitute property particulars. Please contact Maunder Taylor 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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