Overview
Description
A prominent freehold building on a popular parade in North London consisting of 5 x Studio Flats, 2 x 1 Bedroom Flats, 2 x Retail Units and 1 x Office Space. Once the asset has been fully let, it will generate c. £160,000 per annum, representing a 6.4% GIY.
Currently generating £133,800 p/a.
Only the office unit is available at £25,000 p/a.
General Overview
Building Section A (Front Access)
* Flat 1 on AST at £14,400 p/a
* Flat 2 on AST at £16,200 p/a
* Flat 3 on AST at £15,000 p/a
* Flat 4 on AST at £15,000 p/a
* Flat 5 on AST at £13,200 p/a
* Retail Unit 1 on 15-year lease (no break) at £15,000 p/a
* Retail Unit 2 on 10-year lease (no break) at £15,000 p/a
Building Section B (Rear Access)
* Flat 1 on AST at £14,400 p/a
* Flat 2 on AST at £15,600 p/a
* Office Unit (available to let at approx. £25,000 per annum)
Tenure: Freehold
Price: OIEO £2.5m
Contact BTC Commercial and Investments for further details on: 0208 889 7474 or email commercial@btcint.com.
Tenure: Freehold
Is stock included:
Listed By:
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