£325,000

Retail premises for sale

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Guide price

£325,000

(£848.56/sq. ft)

Retail premises for sale

Wades Hill, London N21

383 sq. ft

Local area information

Property location

Nearby amenities

  • Keble Preparatory School 0 miles
  • St Paul's CofE Primary School 0.2 miles
  • Winchmore Hill 0.2 miles
  • Grange Park 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Winchmore Hill to find out more about the local area.

Features and description

  • Freehold income producing investment
  • Rarely available freehold building in affluent, highly sought after, location
  • Passing rent: £16,500 per annum
  • Within 80m of The Green, Winchmore Hill
  • Less than 200m to Winchmore Hill Rail Station
The property comprises a mid-terrace shop and upper parts.

The ground floor retail unit has a net internal area of approximately 35.65 sq m (384 sq ft) and is currently trading as an interior design showroom and office. The unit is fitted out to a good standard with spot lighting, wooden flooring and WC to the rear.

The unit is let to Green and Ginger Limited on a 10 year lease from 19th March 2021 at a passing rent of £16,500 per annum.

The upper parts are sold off on a 999 year lease from 25th of March 1997 at a peppercorn ground rent.

Location:
Winchmore Hill is a highly desirable and affluent North London suburb. The property is situated at the southern end of Wades Hill, less than 200m from Winchmore Hill Railway Station and less than 80m from The Green, the prestigious heart of Winchmore Hill.

Wades Hill extends between The Green, Winchmore Hill in the south and Green Dragon Lane to the north. The subject property is located on the west side of Wades Hill, just north of The Green. Local occupiers include Pink of London, The Post Office, Buckle and Vaughan, Hopper & Bean, Going Greek, The Larder, The Kings Head and The Salisbury Arms, as well as a number of boutique shops, cafes and pubs.

The location has excellent communication links. Winchmore Hill Mainline Station provides direct services to Finsbury Park (Victoria & Piccadilly Lines) and Moorgate (Northern Line), with journey times of 16 minutes and 31 minutes respectively. Northbound services provide further links to Hertford North and Stevenage.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. North London
  5. Winchmore Hill
  6. Wades Hill

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