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148 Ballards Ln 870 sq ft Retail Property London N3 2PE £950,000 (£1,091.95/sq ft)
INVESTMENT HIGHLIGHTS
- Heavy daytime footfall
- Great local amenities
- Plenty of occupiers in close proximity
EXECUTIVE SUMMARY
Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor,
approached from the rear. Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor, approached from the rear.
The shop is let to Zana Kader t/a Formefeitos (UK) Ltd on an FRI lease for a term of 25 years from February 2009 subject to a rent review in February 2029 and 5 yearly thereafter. Current income £23,000 per annum exclusive.
The first floor flat, is let on an AST producing £18,000 per annum.
approached from the rear. Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor, approached from the rear.
The shop is let to Zana Kader t/a Formefeitos (UK) Ltd on an FRI lease for a term of 25 years from February 2009 subject to a rent review in February 2029 and 5 yearly thereafter. Current income £23,000 per annum exclusive.
The first floor flat, is let on an AST producing £18,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
870 sq ft
Costar Property Class
B
Year Built
1935
Price
£950,000
Price per sq ft
£1,091.95
Tenancy
Single
Number of Floors
2
Plot ratio
0.67
Total Plot Size
0.03 ac
Parking
4 Spaces (4.6 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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148 Ballards Ln
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