London Properties Are Pleased To Offer To The Market A Very Rare Opportunity To Acquire A Freehold Investment Shop And Flat Currently Let Out At £31,800 Per Annum In The Heart Of Burnt Oak Within Walking Distance To Mill Hill Main Line Station Freehold Building Comprising Of A Ground Floor Lock Up Shop With A Split Level 5 Bedroom Flat Above The Shop Unit Is Currently Let At A Rental Of £12,000pa (lease Is In Process Of Being Granted For A Period Of 10 Years), And On The First And Second Floors, A 5 Bedroom Flat, Currently Let On An Assured Shorthold Tenancy At A Rental Of £19,800 Per Annum The Property Would Make An Ideal Long Term Investment And Internal Viewings Are Highly Recommended Through London Properties By Appointment Only for Sale
Freehold : £ 614,950
The premises occupy a prominent trading position in a parade located on Deansbrook Road in Burnt Oak and benefits from being located in a densely populated residential area. Within walking distance to Mill Hill Main Line Station
DESCRIPTION: Freehold building comprising of a ground floor lock up shop with a split level 5 bedroom flat above. The shop unit is currently let at a rental of £12,000pa (lease is in process of being granted for a period of 10 years), and on the first and second floors, a 5 bedroom flat, currently let on an Assured Shorthold Tenancy at a rental of £19,800 per annum with joint income of £31,800 per annum. The property would make an ideal long term Investment.
COURT YARD: Gated with hard standing area for parking or possible extension (stpp).
PRICE: The property is offered to the market for sale at a guide price of £614,950
SIZE: Shop: 538 sq ft & Flat: 1130 sq ft
LEGAL COST: Each party to bear their own legal and abortive costs
LOCAL AUTHORITY: Barnet
ENERGY PERFORMANCE CERTIFICATE: Shop: Energy Performance Asset Rating is 61 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.
Flat: Energy Performance Asset Rating is 66 - C Rating. A copy of this property’s energy performance certificate can be viewed at www.london-properties.co.uk as a pdf file.
HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only