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Mollison Way 1,699 sq ft Retail Property Edgware HA8 5QH £875,000 (£515.01/sq ft)
INVESTMENT HIGHLIGHTS
- Income Producing Freehold Property In A Prominent retail Position In Edgware
- 0.6 Miles From Queensbury Station On The Jubilee Line
- The Building Is Currently Producing Income In The Region Of £43,000 Per Annum Exclusive
- 0.7 Miles From Burnt Oak Station On The Northern Line
EXECUTIVE SUMMARY
The property comprises a freehold shop and uppers situated in a prominent position on Mollison Way Edgware. The ground floor trades as a Chinese takeaway totalling approx. 721 sqft. The premises benefit from a glazed shopfront, customer waiting area, counter and fully fitted commercial kitchen with extraction to the rear. Externally, there is a small outbuilding and concrete forecourt which provides one parking space.
The upper parts comprise of two residential apartments both being two bedrooms with kitchen and toilet facilities. The first floor apartment totals 462 sqft and the second floor totals a further 516 sqft.
The upper parts comprise of two residential apartments both being two bedrooms with kitchen and toilet facilities. The first floor apartment totals 462 sqft and the second floor totals a further 516 sqft.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,699 sq ft
Costar Property Class
B
Year Built
1936
Price
£875,000
Price per sq ft
£515.01
Tenancy
Single
Number of Floors
3
Plot ratio
1.06
Total Plot Size
0.04 ac
Frontage
13 ft on Mollison Way
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Mollison Way
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