126 Crouch Hl 558 sq ft Retail Property London N8 9DY £1,650,000 (£2,956.99/sq ft) 6.74% Net Initial Yield

Freehold mixed-use investment offered for sale by auction with a starting bid of £1,650,000. The property is fully income-producing and generates total passing rent of £111,244 per annum. The ground floor and basement are occupied by an established licensed bistro/restaurant under a 20-year lease commencing in February 2012, with four-yearly rent reviews and current rent of £43,000 per annum. The upper residential accommodation is a licensed six-person HMO comprising two one-bedroom flats and two studio flats, generating £68,244 per annum. Residential rents are reported to be below market value, offering potential for future rental growth. Auction fees and conditions apply, and purchasers should independently verify all property, lease, income, and condition information.