£895,000
Retail premises for sale
Property photos
Guide price
£895,000
(£1,091.46/sq. ft)
Retail premises for sale
Ballards Lane, London N12Local area information
Property location
Nearby amenities
- Sacks Morasha Jewish Primary School 0.1 miles
- St Michael's Catholic Grammar School 0.2 miles
- Woodside Park 0.4 miles
- West Finchley 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for North Finchley, Whetstone and Finchley to find out more about the local area.
Features and description
- Excellent freehold investment
- Premises location in a busy area of Tally Ho Corner
Accommodation Comprises a ground floor shop currently trading as Braggs Schoolwear, together with 5 rooms arranged on the first floor and second floor approached from the rear. The shop affords approximately 76 sq meters/820 sq feet and upper part approximately 136 sq meters/1463 sq feet.
Tenancies & incomes
The commercial premises is let on a term of 10 years from August 2022 to August 2032 subject to a rent review in August 2027 and every fifth anniversary thereafter. Current income £25,000 per annum exclusive.
The upper part comprises 5 rooms over two floors with large kitchen/diner, two bathrooms and most currently let on periodic tenancies producing approximately £36,000 per annum when full inclusive of all bills.
Total approx. Income: £61,000 per annum (less bills).
Tenure: Freehold for sale
Price: £895,000
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Becketts Estate Agents
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