Offers in region of
£955,000
(£232.00/sq. ft)
Retail premises for saleHertford Road, Edmonton, London N9
4,109 sq. ft
About this property
Rent reviews every 5 years to rpi (1.0%-4.0% pa compounded collar & cap)
Income of £763,120 anticipated from Co-Op over the outstanding lease term
Located in North London with outstanding road access
Situated on a prominent corner position by the junction of Hertford Road with Rosemary Avenue and Bury Road
Immediately adjacent to St Edmund's Catholic Primary School and surrounded by community and residential uses
Total area of 4,109 sq ft over ground and basement
Virtual Freehold
Let to Co-Operative Group Food Limited until 6 May 2035 providing c. 10 years unexpired
Low passing rent of £70,683 pa / £17.20 psf
Rent reviews are upward only every 5 years to rpi (1.0%-4.0% pa compounded collar & cap)
Income of £763,120 anticipated from Co-Op over the outstanding lease term
Potential to secure a surrender with Co-Op and relet to a competitor
Situated on a prominent corner position by the junction of Hertford Road with Rosemary Avenue and Bury Road
Immediately adjacent to St Edmund's Catholic Primary School and surrounded by community and residential uses
Total area of 4,109 sq ft over ground and basement
Virtual Freehold
Let to Co-Operative Group Food Limited until 6 May 2035 providing c. 10 years unexpired
Low passing rent of £70,683 pa / £17.20 psf
Rent reviews are upward only every 5 years to rpi (1.0%-4.0% pa compounded collar & cap)
Income of £763,120 anticipated from Co-Op over the outstanding lease term
Potential to secure a surrender with Co-Op and relet to a competitor
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Monthly repayment
£4,777 per month
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