PRIME ENTIRE FREEHOLD FOR SALE – Mixed use / Shop with upper and auxiliary residential accommodation - With tremendous scope to develop further subject to planning.
This three-storey building comprises of a large ground floor shop approx. 60 SQ M which is currently let out on F.R.I. Lease (copy of the lease available on request) at a rent of £23,000 pa. The current occupier is currently running a jewellery retail and repair business. The lease holder also has the ground floor rear residential demised to his FRI lease and we are lead to believe is sub-let.
The upper floors comprise of a large three bedroom split level flat with a separate kitchen dinner, bathroom, large lounge and three good size bedrooms.
The rear of the ground floor encompasses a fully self-contained large one-bedroom apartment with its own entrance accessed via a modern mews entrance.
The upper residential flat is currently let, but we are advised the upper residential element of this sale will be sold with vacant possession.
A short walk from Turnpike Lane Underground Station (Piccadilly Line) and within easy access of Local Bus services, with easy access of pay and display allocated parking.
The property is situated on Turnpike Lane, being well known for multiple restaurants and cafes and bakeries with an abundance of supermarkets and also within a short walk of Hornsey Br Station.
The Here To Group Ltd’s - Admin Fee £1000, Payable by the prospective buyers/tenant: ID and Proof of Address Required
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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