Retail Premises for sale in Archway, London N19

| Repayments£40,000

Homes & Property present this Retail Premises for sale in Archway, London N19 as advertised by C P Papas
Pic 1
Reduced

Retail Premises for sale:
Junction Road, Archway, London N19


Shop premises lease for sale,plus 2 flats - shop 590sqft (55sqm) the premises is situated in a very prominant position in junction road close to archway underground station (northern line) with numerous bus routes also servising the area. The property is ground floor with parking and rear access, plus 2 one bedroom flats above(flats currently producing £15600 per annum.



Further details

Floor areas : Frontage 16.4ft
shop : 16.4ft X 36ft ( 11m X 5M) plus rear room 2.3M x 5M storage and WC & kitchen facilities. Total area 590sqft plus rear room 124sqft total 714.
Lease : 6 years to go Full Repairing and Insuring , every 5 years rent review, next review October 2008.
Rent : £22,250 Per annum (income from flats £15,600)

Premium : £ 40,000

Legal costs : Both parties' legal costs to be borne by the ingoing tenant.
Viewing : strictly by appoitment through owners' sole agents.

Contact : C. P Papas Property Centre - 0207 263 3367

Subject to contract