N13 4TY, London Borough of Enfield, London, Greater London, England, United Kingdom
For Sale
£699,999 STC
Green Lanes Palmers Green London N13 4TY
Freehold Investment For Sale
** PRICE REDUCTION ***
Location: Situated on Green Lanes, close to junction with ‘The Triangle’ and shopping facilities of Palmers Green Town centre. Within easy reach of Palmers Green Mainline Station and Broomfield Park
Description: A Freehold investment comprising of ground floor commercial unit, residential flat with its own entrance, and ground rent income from 3 flats, currently producing a combined income of £47,100pa.
| Floor/Type | Tenant | Size | Lease | Rental |
| Ground Floor Commercial | Antep Sofrasi | 850 sqft | 10year FRI lease from June 2023. 5yr rent reviews. | £31,200pa |
| Residential Flat D (rear maisonette) | Antep Sofrasi | 635 sqft (TBC) | 2 year AST expiring June 2025 | £15,600pa |
| Ground Rents | Flats A,B & C | N/a | Sold off on long leases approx. 120 years remain | £300.00 |
An early viewing is strongly advised.
Tenure: Freehold
Price: £699,999 Subject to Contract
EPC: Commercial B rating (34) valid until 12/9/34
Legal Costs: Each party to be responsible for their own legal costs.
Anti-Money Laundering: In accordance with revised Anti Money Laundering Regulations two forms of ID and confirmation of funds will be required by the successful applicant. This will apply to landlords/vendor and tenant/purchaser and any other party with a relationship with the property.
Viewing: Strictly by appointment only through owners agents Grovelands 020 8731 9777 www.grovelands.net
Freehold building with land, potential for redevelopment for mixed use…
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
