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483 High Rd 800 sq ft Retail Property London N17 6QA £650,000 (£812.50/sq ft)


INVESTMENT HIGHLIGHTS
- Freehold three storey mixed-use building
- Situated within a parade of retail accommodation
- Self-contained split-level flat on upper floors
EXECUTIVE SUMMARY
The subject property comprises a freehold three storey mixed use building arranged with a commercial retail unit to the ground floor with a three-bedroom self-contained split-level flat arranged on the first and second floors.
Retail income -The shop is currently rented for £15k on a 15-year Fri from May 2016. There is a rent review in May next year, erv 21k.
Flat income £24K
Total Current Income £39K
Planning for conversion of existing flat into 2 duplex flats
Vacant Possession on completion not available
Retail income -The shop is currently rented for £15k on a 15-year Fri from May 2016. There is a rent review in May next year, erv 21k.
Flat income £24K
Total Current Income £39K
Planning for conversion of existing flat into 2 duplex flats
Vacant Possession on completion not available
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
800 sq ft
Costar Property Class
C
Year Built
1918
Price
£650,000
Price per sq ft
£812.50
Tenancy
Single
Number of Floors
3
Floor To Floor Height
9 ft
Plot ratio
0.24
Total Plot Size
0.08 ac
Frontage
32 ft on High Road
AMENITIES
- 24 Hour Access
- Bus Route
- Commuter Rail
- Security System
- Signage
- Signalised Intersection
- Storage Space
- Smoke Detector
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483 High Rd
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