£275,000

Retail premises for sale

  1. Property photo 1 of 5.
  2. Property photo 2 of 5.
  3. Property photo 3 of 5.
Leasehold

Offers in region of

£275,000

Retail premises for sale

Green Lanes, London N8

1 bath

Key Information

Tenure:
Leasehold (1000 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • South Harringay Infant School 0.1 miles
  • South Harringay Junior School 0.1 miles
  • Harringay Green Lanes 0.4 miles
  • Harringay 0.4 miles

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

Read our area guides for Harringay, Turnpike Lane and Haringey to find out more about the local area.

Features and description

  • Leasehold
Prime, Investment Property on Green Lanes Opposite the landmark Salisbury Pub.

Ref - st0072

We are delighted to present a ground floor investment opportunity situated in a prime location on Green Lanes, almost directly opposite the junction with St Ann's Road. This bustling area is celebrated for its vibrant mix of local coffee shops and restaurants, providing a lively backdrop and steady foot traffic beneficial for any business.

The property has been impressively modernised to meet contemporary standards and is currently leased to a well-established barber shop. The current lease brings in an annual income of £21,000, with four years remaining and provision for 5-yearly reviews to align with market conditions.

Regarding expenses, the property has a rateable value of £14,750 as determined by , which is utilised to calculate the business rates bill. Potential investors are advised to contact the Local Authority for detailed information on rates calculations and potential discounts.

The investment is offered on a leasehold basis, with a new 125-year lease and a peppercorn ground rent.

This property represents a robust investment opportunity with a secure income stream, a desirable location, and significant potential for capital growth.

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 (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - eXp World UK. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact eXp World UK for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. North London
  5. Turnpike Lane
  6. Green Lanes

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.