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Lot 24 - 374 Green Lanes, Palmers Green, N13 5PD

374 Green Lanes, Palmers Green, N13 5PD

Commercial
About this Property
2016-12-01
Traditional
Commercial
Description

FREEHOLD SHOP INVESTMENT AND SEVEN SELF-CONTAINED STUDIO FLATS In Same Family Ownership For Approximately 98 Years London Borough of Enfield The Auctioneers reserve the rights to offer Lots 24 and 25 as One Lot or separately as Lotted. Situated in a main road position, close to the junction with Park Avenue and local shopping/travelling facilities including Palmers Green Rail Station. A Terrace Shop Premises with separate entrance to a Residential Upper Part arranged as Seven Self-Contained Studio Flats each let on Assured Shorthold Tenancies arranged as follows: Floor No. Accommodation Rent EPC Rating Top Flat 7 Studio Room with Open Plan Kitchen, Shower/WC Let at £770 per calendar month D Second Flat 6 Studio Room with Open Plan Kitchen, Shower/WC Let at £740 per calendar month C Flat 5 Studio Room with Open Plan Kitchen, Bathroom/WC Let at £600 per calendar month C Half Landing Flat 4 Studio Room with Open Plan Kitchen, Bathroom/WC Let at £700 per calendar month D First Flat 3 Studio Room with Open Plan Kitchen, Shower/WC Let at £740 per calendar month C Flat 2 Studio Room with Open Plan Kitchen, Bathroom/WC Let at £700 per calendar month C Half Landing Flat 1 Studio Room with Open Plan Kitchen, Shower/WC Let at £800 per calendar month D Ground Floor Shop Rear Room Kitchen Two WCs Approximately 1,455 sq ft Let on a full repairing and insuring lease for a term of ten years from 1st November 2016 at a rent of £18,000 per annum with a five year upward only rent review. Tenant has been in occupation for approximately 30 years. Producing £78,600 per annum Inspection: By arrangement with the Auctioneers Solicitors: Messrs. Cavendish Legal Group 8 Middle Lane, London N8 8PL 020 8340 0091

Location
More Information
Freehold
Green Lanes
investment freehold retail
Planing Authority
Enfield LPA
Sold Price History
01 Dec 2016Withdrawn Lot McHugh & Co
27 Jul 2018Sold£1,200,000

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