Turnpike Lane Turnpike Lane, London, N8

Freehold Mixed-Use Investment with Vacant Upper Parts

Capital Homes are delighted to offer this excellent freehold mixed-use investment opportunity, comprising a ground floor commercial premises with vacant residential accommodation above.

The property is arranged over three floors. The ground floor commercial unit extends to approximately 588 sq ft (subject to verification) and is currently let on a Full Repairing and Insuring (F.R.I.) Lease, producing a rental income of £23,000 per annum.

The ground floor lease includes the commercial premises together with the rear residential accommodation. We understand that the rear residential accommodation is currently sublet; however, purchasers should rely on their own enquiries.

The upper parts benefit from their own private entrance from the front of the property and comprise three well-proportioned bedrooms, a spacious reception room, separate kitchen/diner, and family bathroom/WC, arranged over the first and second floors. The upper parts are offered with vacant possession, providing excellent owner-occupier or letting potential.

To the rear of the ground floor is a self-contained residential apartment with its own independent entrance. We are unable to confirm whether this accommodation was created with the benefit of the necessary planning consent and/or Building Regulations approval. Interested parties must satisfy themselves by making their own enquiries with the relevant local authority.

Ideally situated within a short walk of West Green Road, Turnpike Lane Underground Station (Piccadilly Line), Wood Green High Road and an excellent selection of local shops, caf鳬 restaurants and bus routes, the property occupies a highly convenient and well-connected location.

Key Features

Freehold mixed-use investment
Ground floor commercial unit let on an F.R.I. lease
Passing rent of £23,000 per annum
Vacant three-bedroom maisonette over first and second floors
Separate private entrance to upper parts
Self-contained rear apartment (buyers to make their own planning enquiries)
Excellent investment and asset management opportunity
Convenient location close to Turnpike Lane Underground Station and local amenities

Viewing strictly by appointment only.

Capital Homes
020 8342 5555

what3words /// ridge.noise.jazz

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Haringey Council,

Utilities
Electric: Unknown
Gas: Unknown
Water: Unknown
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No

Tenure: Freehold

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