Investments – Commercial for sale

  • Price: £1,400,000
London, England
Seller Ref:CS0435
For Sale

Investments – Commercial for sale

London, England
Seller Ref:CS0435
  • Price: £1,400,000

Overview

Seller Ref: CS0435

Description

Mix commercial Investment Opportunity in North London generating approx £85,000 per annum

BTC Commercial is delighted to offer this mixed use freehold investment opportunity in North London, generating £84,000 per annum.

The three-storey building includes 3 x 1-bed flats, a studio and a retail unit.

* Residential flats are currently generating £68,800 per annum. (On AST contract)

* The commercial lease is for a term of 15 years from 2019, with 10 years unexpired.

* The commercial unit is currently generating £16,000 per annum

* Total current income approx is £85,000 per annum currently.

* The vendor recently spent approx. £200,000 on building refurbishment works.

The vendor is seeking £1,400,000 for the freehold interest.

Tenure: Freehold

Is stock included:
NA

Listed By:

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