Freehold Income Producing Retail Investment
Summary
- Freehold
- Income Producing
- End of Terrace Building
- Rear Enclosed Courtyard/Parking
- Affluent Location
- Use Class E
- EPC Rating C
- No VAT Applicable
- Corner Frontage
- Within a few Minutes Walk of Golders Green Station
Location
This property is located within a 10 minute walk from Golders Green Station providing great access in to Central London via the Northern Line.
Temple Fortune benefits from a wide variety of amenities ranging from nationwide brands such as Waitrose and M&S, as well as the very popular Bread Bakery only a 5 minute walk down the road.
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Mainline Stations
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Cricklewood31 mins
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Hendon34 mins
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Finchley Road and Frognal41 mins
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West Hampstead Thameslink42 mins
Underground Station
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Golders Green10 mins
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Brent Cross13 mins
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Hendon Central24 mins
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Finchley Central29 mins
Further Information
Price £350,000
Rates Payable Upon Enquiry
Service Charge n/a
EPC Rating This property has been graded as C (69)
Description
The property is an end of terrace three storey building.
The ground floor is leased to a door showroom company, covering a total area of 669 ft2. The property has been let for a term of 5 years from 15/02/2024 on a Full Repairing and Insuring lease, outside the Landlord & Tenant Act. There is a tenant only option to determine the lease on 15/02/2027, providing 6 months prior written notice . The passing rent is £23,000 per annum, payable quarterly in advance. A 6 month rent deposit is held.
The residential flat above, spans the first and second floors and has been sold off on a long leasehold, expiring 23/06/2194. There is a peppercorn ground rent.
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