Mixed Use Investment for Auction Edgware HA8

UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
Property Types

Auction date: Thu, 13/02/2025 - 12:00

Guide Price £520,000. This semi detached mixed investment property consists of a ground floor commercial premises currently producing £18,000 pa. It is held on a lease of 16 years starting from 1st June 2023 to 31st May 2039. There is a two bedroom flat above that is presented in good order and this is currently let on an assured shorthold tenancy that has been renewed for a 12 month term from 15/01/25 at a rent of £1200 per calendar month (£14,400 per annum). The overall rent is £32,400 per annum and the property is sold with the benefit of this income. There may be scope for further alteration to this property subject to obtaining any necessary consents that may be required. This lot will be of interest to investment buyers.

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