Retail premises for sale in Ballards Lane, Finchley, London N3

Offers in region of £950,000 (£1,091.95/sq. ft)
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Retail premises for sale

870 sq. ft*

Property description

Location: The premises are situated in a bustling part of Ballards Lane close to the junction with The Ridgeway. Nearby multiples include William Hill and Explore Learning
.
Accommodation Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor, approached from the rear. The shop affords the following approximate dimensions:

Frontage 15’9
Internal width 18’1 narrowing to 13’1 at rear
Depth 60’ 9
Ground floor area 870 sq ft approx


Tenancies & incomes


The shop is let to Zana Kader t/a Formefeitos (UK) Ltd on an Fri lease for a term of 25 years from February 2009 subject to a rent review in February 2024 and 5 yearly thereafter.

Current income £18,800 per annum exclusive.

The first floor flat, is let on an AST producing £15,000 per annum.

Total income: £33,800 per annum.

Tenure: Freehold for sale subject to the tenancies and incomes as above and vacant possession of the office.

Price: Offers in the region of £950,000.


EPC


Shop: Tba
Flat: Tba

legal costs: Each party to be responsible for their own costs incurred.

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
Michael Berman & Co, N2 on +44 20 8033 5787 * (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 Michael Berman & Co, and do not constitute property particulars. Please contact Michael Berman & Co 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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