Development Opportunity in Fortis Green Road, London N10

Photography

Key Details

Bedrooms: None
Bathrooms: None
Reception Rooms: None
Floor Area: 2603 sq ft
EPC Rating: D
Tenure: Freehold
Parking: No
Lift: No
Outside Space: No

Description

Freehold for sale - the property is a substantial mid terrace building situated over the ground and two upper floors. Ground floor retail unit is currently occupied. The upper floors comprise of two recently refurbished 2 bedroom apartments. Ground floor let on a 15 year FRI lease to North London Hospice from 3rd of December 2021 with 12 years unexpired. The rent passing is £40,000 per annum. 2 future rent review dates. First floor let on an AST producing £24,300 per annum. Second floor is currently vacant previously achieving £24,600 per annum. Total ERV £89,500 per annum. Currently producing £64,300 per annum. Nearby occupiers include Gail's, The Everyman, Bob's Cafe and Sainsbury's. Highgate Station & East Finchley Station are located nearby.

Accommodation

2 X 2 Bedroom Flats : 1 X Retail Unit

Agent Contact

Nova Haus London

Telephone: +442074594418
Email: tom@novahauslondon.co.uk