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452 Green Lanes, Palmers Green 665 SF Retail Building London N13 5XD $1,540,316 ($2,316.26/SF) 7.53% Cap Rate
Investment Highlights
- Close proximity to Palmers Green railway station
- Wide range of local shops, cafes , and amenities nearby
Executive Summary
An excellent opportunity to acquire a well-maintained mixed-use investment property in the heart of Palmers Green, offering strong and consistent rental income.
The property comprises a ground floor commercial unit along with five self-contained one-bedroom flats, all presented in great order throughout. The asset currently produces a total rental income of £86,560 per annum, making it an attractive addition to any investment portfolio.
The property comprises a ground floor commercial unit along with five self-contained one-bedroom flats, all presented in great order throughout. The asset currently produces a total rental income of £86,560 per annum, making it an attractive addition to any investment portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
665 SF
Building Class
B
Year Built
1910
Price
$1,540,316
Price Per SF
$2,316.26
Cap Rate
7.53%
NOI
$115,939
Tenancy
Single
Building Height
3 Stories
Building FAR
0.30
Lot Size
0.05 AC
Frontage
14’ on Green Lanes
Amenities
- Courtyard
- Automatic Blinds
- Air Conditioning
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Nearby Major Retailers
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452 Green Lanes, Palmers Green
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