20A-22 High St - Storefront FOR SALE


Barnet, LND EN5 5RU
$475,000 USD
20A-22 High St, Barnet, LND for Sale
$475,000 USD
Storefront - FOR SALE
1/3
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20A-22 High St
Barnet, LND EN5 5RU


HIGHLIGHTS

  • Virtual Freehold (999 year Lease)
  • Fully occupied investment opportunity
  • close to transport

OVERVIEW

A virtual freehold (999 years lease) investment opportunity for sale. Two retail shops and upperparts. Both retail units are producing a combined income of £34,000.pa. The upper parts comprise of four flats which have been sold on long leases, 250-year leases, The property is within a few minutes' walking distance to High Barnet Tube Station 22 High Street Trading as Mantriella – Bespoke - Dress Designer. Total floor area 46m2 (495sqft) Held on an FRI lease for a term of 10yrs from 22 January 2020 Break 5yr Rent review Jan 2023, Jan 2026, Jan 2029 Rental £17 000.00pa 20a High Street Body Street Barnet – Smart fitness Total floor 39m2 (417sqft) Held on an FRI lease for a term of 6 yrs from 16th October 2019 Break 3 years Rent review every 3 yrs, Rental £17 000.00pa

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Emma SmithMartyn GerrardMore Info

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Emma SmithMartyn GerrardMore Info

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