Fixed price
£165,000
Land for saleColeraine Road, Wood Green N8
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Auction
About this property
Coleraine Road, Wood Green N8
Freehold Retail Investment - Comprising a detached lock-up shop with side forecourt that has been undeveloped. The shop is let on a full repairing and insuring lease and trading as a bag retailer which has been in occupation for many years. The current lease expired in 2023 and the tenant is holding over at £14,250 pa. There is potential to agree a new lease and rent increase.
Areas:
Tenancy:
Holding over on a full repairing and insuring lease, which expired in 2023 at £14,250 pa.
Terms: Offers invited for the freehold in excess of £165,000
Freehold Retail Investment - Comprising a detached lock-up shop with side forecourt that has been undeveloped. The shop is let on a full repairing and insuring lease and trading as a bag retailer which has been in occupation for many years. The current lease expired in 2023 and the tenant is holding over at £14,250 pa. There is potential to agree a new lease and rent increase.
Areas:
- Shop area including WC 563.98 sq ft (52.4 sq m)
- Plus external area measuring approx. 12ft x 6ft
Tenancy:
Holding over on a full repairing and insuring lease, which expired in 2023 at £14,250 pa.
Terms: Offers invited for the freehold in excess of £165,000
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Monthly repayment
£825 per month
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