Investment Property in North London For Sale

Situated in a Parade, excellent main road trading position, office and commercial area, NORTH LONDON

Price 410,000

Features

Investment Property Sushi Restaurant & Takeaway

SINGLE FRONTED PREMISES in the region of 1,200 ft²

WE HAVE BEEN INFORMED BY THE LANDLORD that the premises are held on a SECURE RENEWABLE lease granted for 25 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £24,000 p.a.

Landlord is holding a 3 month (£6,000) rent deposit.

Tenure

999 year LONG LEASEHOLD from November 2019.

Price

THE VALUABLE LONG LEASEHOLD INVESTMENT PROPERTY £410,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 287,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote