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Freehold

£850,000

(£731.18/sq. ft)

Property for sale

Wellington Terrace, Turnpike Lane N8
1 bath
1 reception
1,163 sq. ft

£850,000

(£731.18/sq. ft)

Property for sale
Wellington Terrace, Turnpike Lane N8

    • 1 bath

    • 1 reception

    • 1,163 sq. ft

Freehold
Added on 29/02/2024

About this property

  • Price £850,000

  • Next to the High Road

  • Opposite the Turnpike Lane Underground Station

  • Two doors away from Costa Coffee

  • Licensed HMO for the upper floor

  • Viewing by appointment

  • Shop rent out on a F.R.I. Lease

Are you looking to purchase a freehold investment property consisting of a shop and a vacant flat has come available in Wellington Terrace, a couple of doors away from Costa Coffee on the High Road, opposite Turnpike Lane Underground Station and the Bus Garage and Duckets Common
The shop is lease out via a F.R.I. Lease paying a rent of £26,000 pa which they are running a kebab business
A copy of lease available on request
The upper parts 4 rooms, kitchen, shower room and is currently let out on a guarantee rent of £1900 pcm, but we have been informed by the Owner that the flat can be made vacant subject to allowance of time. The flat with a HMO Licence in place and just recently renewed. Further details are available on request

Capital Homes Admin Fee £750 + VAT, Payable by the purchaser, id and Proof of Address Required

If you are looking for an investment property, in a great location great transport links and multiple shops and a short walk to The Mall, this could be the one
If you would like a viewing call the Commercial Dept Photos to follow

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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