A Mid Terrace Building Arranged to Provide A Ground Floor Shop and 2 x Two Bedroom Flats Over the First and Second Floors Part Let Producing £30,100 Per Annum

The property comprises a mid terrace building arranged to provide a ground floor shop, a first floor two bedroom flat and a second floor two bedroom flat.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Firs Farm Wetlands Park are within easy reach. Transport links are provided by Winchmore Hill rail station.

Accommodation

Ground Floor Shop Area First Floor Reception Room Kitchen Two Bedrooms Bathroom Second Floor Reception Room Kitchen Two Bedrooms Bathroom

Tenancy

The shop is subject to an FRI lease at a rent of £17,500 per annum. The second floor flat is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 30th March 2023 at a rent of £1,050 Per Calendar Month (Holding Over). The first floor flat is rented out for £19,800 per annum which will be vacant by the 6th December 2024.

Current Rent Reserved

Current Rent Reserved £30,100 per annum

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.