£725,000

Retail premises for sale

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Freehold

£725,000

(£334.10/sq. ft)

Retail premises for sale

Church Lane, London N2

2,170 sq. ft

Local area information

Property location

Nearby amenities

  • Martin Primary School 0.1 miles
  • Holy Trinity CofE Primary School 0.2 miles
  • East Finchley 0.5 miles
  • Finchley Central 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for East Finchley, Finchley and Hampstead Garden Suburb to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Arranged over ground and first floor
  • Freehold
  • The first-floor 2 Bedroom flat is let on an AST for a term expiring 11th March 2025 at a rent of £18,900 per annum
  • 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
  • Total income of £44,700 per annum
  • Popular East Finchley location

  • Description

    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

    Location

    Located at 9 Church Lane, N2, this mixed-use freehold building is in a well established gentrified suburb of North London in the shape of its excellent schools, streets of period houses, independent shops, cafes and restaurants and great transport links.
    East Finchley Station on the Northern Line allowing quick and easy access into Central London.

    Viewings

    Viewings strictly via Dutch & Dutch

    Terms

    Freehold with tenancy information available on request.

    There are some planning applications within 0.5 miles of this home

    Blurred out There are some planning applications within 0.5 miles of this home information

    Assess how they might enhance or detract from this home’s value.

    Floor plans and tours

    Floor plans (2)

    2 floor plans available

    View the floor plans to understand the space and layout of this property.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. London
    4. North London
    5. East Finchley
    6. Church Lane

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