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
