LOCATION:
We are delighted to offer this investment situated on a busy crossroad location in Barnet & walking distance of to train station and bus stops. The property is located in the town center on a busy street benefits from high levels of footfall and is easily accessible between the route of Watford Way and M1 road.
OVERVIEW:
Great investment opportunity for a property investor looking to lease the premises for a rental income. The property is newly refurbished and in very good condition. The commercial unit is currently running as a Turkish restaurant & the restaurant has 80 seat covers inside.
- Ground Floor Commercial is leased at £50,000 pa
- Shop size: 1600 sqft Approx.
- Flat 1 is a 2 bed property at 516 sq.ft and let at £1850.00 pcm
- Flat 2 is a 2 bed property at 619 sq.ft and let at £1850.00 pcm
- Total rental income is £94,400 pa
- Sought after location
- The commercial lease commenced in September 2022 and there are 14 years left (no break options)
- Tenure: Freehold
Offers in the region of £1,450,000
BTC TO BE RETAINED
Call BTC for further details and an appointment for viewing: --- ---- ---- or email us on [email protected]
Tenure: Freehold
