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148 Ballards Ln 870 SF Retail Building London N3 2PE $1,293,140 ($1,486.37/SF)
Investment Highlights
- Heavy daytime footfall
- Great local amenities
- Plenty of occupiers in close proximity
Executive Summary
Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor,
approached from the rear. Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor, approached from the rear.
The shop is let to Zana Kader t/a Formefeitos (UK) Ltd on an FRI lease for a term of 25 years from February 2009 subject to a rent review in February 2029 and 5 yearly thereafter. Current income £23,000 per annum exclusive.
The first floor flat, is let on an AST producing £18,000 per annum.
approached from the rear. Comprises a ground floor shop and rear extension, currently trading as an Interior Designers together with a 2 bed flat on the first floor, approached from the rear.
The shop is let to Zana Kader t/a Formefeitos (UK) Ltd on an FRI lease for a term of 25 years from February 2009 subject to a rent review in February 2029 and 5 yearly thereafter. Current income £23,000 per annum exclusive.
The first floor flat, is let on an AST producing £18,000 per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
870 SF
Building Class
B
Year Built
1935
Price
$1,293,140
Price Per SF
$1,486.37
Tenancy
Single
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.03 AC
Parking
4 Spaces (4.6 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
- Signage
- Storage Space
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Nearby Major Retailers
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148 Ballards Ln
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