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Property description
CHECKEN EXPRESS 5 MILES NORTH OF CENTRAL LONDON.£129,500.00 SALE PRICE
£58,300.00 PER ANNUM RENTAL
4.5% RETURN
FREEHOLD SHOP AND RESIDENTIAL INVESTMENT.
SHOP TENANT IN OCCUPATION SINCE 2002. THIS PROPERTY IS ARRANGED ON GROUND AND THREE UPPER FLOORS TO PROVIDE A GROUND FLOOR SHOP WITH A SELF-CONTAINED FLAT ARRANGED OVER THE FIRST FLOOR. THE SECOND AND THIRD FLOORS HAVE BEEN SOLD OFF ON A LONG LEASE. ACCESS TO THE RESIDENTIAL ACCOMMODATION IS FROM THE FRONT.
FIRST FLOOR FLAT – TWO BEDROOMS, LIVING ROOM/KITCHEN SHOWER ROOM, 1 YEAR ASSURED SHORTHOLD TENANCY FROM 25 JULY 2016 AT £18,300.00 PER ANNUM. SECOND AND THIRD FLOOR MAISONETTE. LEASE TERMS 170 YEARS FROM 2007, PEPPERCORN.