Investment for sale

GOING TO AUCTION 20TH MARCH 2025 - Please contact Doug Guild at [email protected] / 020 7543 6890 to register interest.
The property is leased as a whole to a single tenant and comprises a good size ground floor shop with two bedroom flat above. The shop provides good clear retailing space and benefits from suspended ceiling, spotlights and WC to the rear. The flat above is accessed from within the shop and is fitted to a good standard with two double bedrooms, well fitted bathroom and kitchen. To the rear there is a small yard. To the front of the property there is open parking, not within this property's ownership, but has been used by the tenants of it for many years. The property is leased to an individual, as a whole, drafted outside the security provisions of the Landlord and Tenant Act, on an FRI 10 year lease to expire 5th November 2029. There was a break clause, which was not exercised by the tenant. The passing rental is ｣21,000 per annum, with no current arrears. An upward only market rent review will shortly be due.