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We’ve got a team of experts who will accurately appraise your property for free.
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£675,000
2170 sqft
MIXED USE FREEHOLD INVESTMENT FOR SALE IN N2 PRICE REDUCED - YIELD INCREASED
The ground floor Pilates Studio is let to Pilates Nation Ltd from 20th December 2023 for a term of 10 years at a rent of £25,800 per annum exclusive of rates. Expiring 19th December 2033. The lease is contracted outside the Landlord and Tenant Act 1954.
Rent review 20th December 2027 and 4 yearly thereafter.
There is a mutual break clause effective from 20th December 2027 subject to either party giving 6 months prior written notice.
The first-floor 2 Bedroom flat is let on an AST for a term expiring 11th March 2025 at a monthy rent of £1,575
TOTAL INCOME: £44,700 per annum
Address:
9 Church Lane, London, N2 8DX
Type:
Retail
Tenure:
freehold
Unit | Floor | SQ FT / SQ M | AVAILABILITY |
---|---|---|---|
1 | 1st | 564 / 52 | Available |
2 | Ground | 1606 / 149 | Available |
Use our stamp duty calculator to get to know potential stamp duty costs. These calculators are for general interest and must not be relied on.
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