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Offers over

£360,000

Property for sale
West Green Road, Seven Sisters, London N15

    Added on 20/03/2021

    About this property

      Description

      Freehold shop and upper parts

      total income £31,075 per annum

      Arranged as follows:

      Ground floor shop let by way of a Law Society lease at £19,000 per annum for a term of 9 years from December-17.

      Rear retail unit fronting Grove Park Road, let on a Tenancy at Will, collecting approx. £1000 pcm.

      There are 5 residential units within the property. 1 to the rear and 4 in the upper parts. Terms as follows:

      First floor Flat: 198 years from 24.6.1986 at no ground rent
      First floor Flat: 99 years from 24.6.1986 ground rent of £75.00 pa
      Second floor Flat: 189 years from 24.06.1985 at no ground rent
      Second floor Flat: 189 years from 24.06.1986 at no ground rent
      Ground and First Floor Flat: 189 years from 24.6.1986 at no ground rent
      total income £31,075 per annum

      Location

      Located on West Green Road (A504) within a mixed use parade. Within close proximity to Turnpike Lane Tube Station (Piccadilly Line) and Seven Sisters Tube Station (Victoria Line)

      Tenure

      Freehold - subject to below leases

      EPC

      Available upon request

      VAT

      Under the Finance Acts 1989 and 1997 VAT may be levied on the rental price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.

      Viewing

      Via the owners agents pss Commercial.

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      Monthly repayment

      £1,800 per month

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