RETAIL & RESIDENTIAL INVESTMENT ON A BUSY PARADE WITH DEVELOPMENT POTENTIAL STPP
Summary
- Income producing freehold mixed-use end of terrace buildings for sale on a busy parade.
- The properties comprise two ground floor units with four selfcontained residential flats extending to 2,929 sqft.
- The total current income is £97,690pa, with £24,000pa attributed to commercial leases on 10-year terms from 2018, and the residential units producing £73,680pa on ASTs.
- Further development potential to the rear, in line with some of the neighbouring buildings.
- Offers in excess of £1,400,000 (stc).
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m |
| Ground | 621 | 57.69 |
| Ground - 2 | 393 | 36.51 |
| Unit - Flat 1 | 552 | 51.28 |
| Unit - Flat 2 | 592 | 55 |
| Unit - Flat 3 | 383 | 35.58 |
| Unit - Flat 4 | 388 | 36.05 |
| Total | 2,929 | 272.11 |
Location
The property is situated on the west side of Great Cambridge Road (A10) and set back onto a popular neighbourhood shopping parade in a predominantly residential area.
The property has excellent road links to Central London via A10, the main arterial route though north London to Central London. Rail connectivity is not the strongest with the closest stations being White Hart Lane and Silver Street (Overground). Both being approximately 20 minutes walk away.
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Mainline Stations
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White Hart Lane14 mins
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Silver Street17 mins
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Palmers Green24 mins
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Bruce Grove25 mins
Underground Station
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Silver Street13 mins
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White Hart Lane14 mins
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Palmers Green24 mins
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Bruce Grove24 mins
Further Information
Description
The property is an end of terrace mixed use building on a prominent retail parade, comprising two ground floor retail units with four self contained
residential flats. Rear land is accessed from Empire Avenue and is considered suitable for further development.
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