Phone Shop & Flat, Arnos Grove, Greater London
362A Bowes Rd, Arnos Grove, London N11 1AH, UKBasic Facts
| Property ID: 13632 | Post Updated: 2021-07-28 16:39:57 |
| Status: Acquired | Type: Residential Retail - other |
| Tenure: Freehold | Area: 1806 sq ft |
| Gross Rent: £ 25,800 | Lease Term: 20 yrs from Jun '20 |
| Lease Term Expiry Date: 04/06/40 | Years left on Lease: 16.1 |
| VAT applicable: No |
Property Description
- Freehold, mixed use investment.
- Prominent corner building, ground floor unit of ca. 655 sq ft and split level large flat arranged over 1st and 2nd, ca. 1,151 sq ft.
Location Description
- The property is located on busy road, a short distance from Arnos Grove Station.
- Arnos Grove is an area of North London, England, within the London Borough of Enfield.
- Nearby occupiers include Sainsbury’s local, Ladbrokes, Costa and a number of local occupiers.
Additional Information
- Let to Bashir Ahmed Quereshi for 20 years from 5th June 2020 at a passing current rent of £25,800 p.a.
- 4 yearly upward only rent reviews, tenant had a 15 year lease prior to this renewal.
Features
£500k - £1m
Freehold
No VAT applicable
North London
