Offers in region of
£950,000
(£1,091.95/sq. ft)
Retail premises for saleBallards Lane, Finchley, London N3
870 sq. ft
About this property
Location: The premises are situated in a bustling part of Ballards Lane close to the junction with The Ridgeway. Nearby multiples include William Hill and Explore Learning
.
Accommodation 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 affords the following approximate dimensions:
Frontage 15’9
Internal width 18’1 narrowing to 13’1 at rear
Depth 60’ 9
Ground floor area 870 sq ft approx
Tenancies & incomes
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.
Total income: £41,000 per annum.
Tenure: Freehold for sale subject to the tenancies and incomes as above and vacant possession of the office.
Price: Offers in the region of £950,000.
EPC
Shop: Tba
Flat: Tba
legal costs: Each party to be responsible for their own costs incurred.
.
Accommodation 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 affords the following approximate dimensions:
Frontage 15’9
Internal width 18’1 narrowing to 13’1 at rear
Depth 60’ 9
Ground floor area 870 sq ft approx
Tenancies & incomes
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.
Total income: £41,000 per annum.
Tenure: Freehold for sale subject to the tenancies and incomes as above and vacant possession of the office.
Price: Offers in the region of £950,000.
EPC
Shop: Tba
Flat: Tba
legal costs: Each party to be responsible for their own costs incurred.
Mortgage calculator
Monthly repayment
£4,752 per month
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