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86 Chase Side 3,422 sq ft Retail Property London N14 5PH £950,000 (£277.62/sq ft) 4.98% Net Initial Yield
Investment Highlights
- Entire building let to Jenna Restaurants Limited T/A Nurjenna
- Lease expiry on 28th September 2041 (16 years unexpired)
- Current Rental Income of £50,000 pax
Executive Summary
The property is a mid-terrace three-storey being part of a retail parade built in the 1930's of brick construction with a double pitched titles roof and which had been extended to the rear at the ground floor level under a flat asphalt roof.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,422 sq ft
Costar Property Class
B
Year Built
1856
Price
£950,000
Price per sq ft
£277.62
Yield
4.98%
NOI
£47,310
Tenancy
Single
Number of Floors
3
Plot ratio
1.65
Total Plot Size
0.05 ac
Frontage
14 ft on Chase Side
Amenities
- Security System
- Storage Space
- Air Conditioning
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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86 Chase Side
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