Retail premises for sale in Green Lanes, London N13

Guide price £695,000 (£695,000/sq. ft)
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Retail premises for sale

From 1 - 2,465 sq. ft*

Property description

The premises are prominently located mid-way down Green Lanes (A105) which is one of the main roads in North London that runs approximately 6.3 miles north-south in a straightish line between Winchmore Hill and Newington Green, Green Lanes and Winchmore Hill train stations (Overground) are close by.

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 £17,000 per annum with potential to negotiate a new rent and lease, any user within Class E planning regulation introduced 1st September 2020

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
Salter Rex - Commercial, NW5 on +44 20 7768 7771 * (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 Salter Rex - Commercial, and do not constitute property particulars. Please contact Salter Rex - Commercial 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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