Guide price
£895,000
(£1,091.46/sq. ft)
Retail premises for saleBallards Lane, London N12
From 820 - 2,283 sq. ft
Just added
About this property
Excellent freehold investment
Premises location in a busy area of Tally Ho Corner
Income producing freehold shop and upper part premises for sale. Location: The premises are situated in a bustling part of Ballards Lane in the heart of Tally Ho Corner. Nearby multiples include Aldi, Sainsburys and Waitrose.
Accommodation Comprises a ground floor shop currently trading as Braggs Schoolwear, together with 5 rooms arranged on the first floor and second floor approached from the rear. The shop affords approximately 76 sq meters/820 sq feet and upper part approximately 136 sq meters/1463 sq feet.
Tenancies & incomes
The commercial premises is let on a term of 10 years from August 2022 to August 2032 subject to a rent review in August 2027 and every fifth anniversary thereafter. Current income £25,000 per annum exclusive.
The upper part comprises 5 rooms over two floors with large kitchen/diner, two bathrooms and most currently let on periodic tenancies producing approximately £36,000 per annum when full inclusive of all bills.
Total approx. Income: £61,000 per annum (less bills).
Tenure: Freehold for sale
Price: £895,000
Accommodation Comprises a ground floor shop currently trading as Braggs Schoolwear, together with 5 rooms arranged on the first floor and second floor approached from the rear. The shop affords approximately 76 sq meters/820 sq feet and upper part approximately 136 sq meters/1463 sq feet.
Tenancies & incomes
The commercial premises is let on a term of 10 years from August 2022 to August 2032 subject to a rent review in August 2027 and every fifth anniversary thereafter. Current income £25,000 per annum exclusive.
The upper part comprises 5 rooms over two floors with large kitchen/diner, two bathrooms and most currently let on periodic tenancies producing approximately £36,000 per annum when full inclusive of all bills.
Total approx. Income: £61,000 per annum (less bills).
Tenure: Freehold for sale
Price: £895,000
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Monthly repayment
£4,477 per month
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