A Mid Terrace Building Arrange to Provide a Ground Floor Shop and a Split Level Three Bedroom Flat Fully Let Producing £24,000 Per Annum

The property comprises a mid terrace building arranged to provide a ground floor shop and a second and third floor split level three bedroom flat.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Co-Op Food. Transport links are provided by Edgware underground station (Northern line) and Mill Hill Broadway rail station.

Accommodation

Ground Floor Takeaway First Floor Not inspected Second Floor Not inspected

Tenancy

The property is subject to a new 16 year FRI lease (No Breaks) from 23rd June 2024 to A.Noor (t/a Ahmed Tandoori) with a rent reviews every four years. We understand that the property is under let and the potential rental income is circa £40,000 per annum (buyers should rely on their own enquiries).

The property has not been inspected by Auction House London. All information has been supplied by the vendor.

EPC Rating

Retail Unit - B Flat - D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.