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Convenience Store Investment - 421 Lordship Lane, London N17 6AG

For sale: £1,285,000.00|3718 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALE£1,285,000.00
SIZE3718 Sq Ft
ADDRESSSainsburys Supermarkets Ltd, 421 Lordship Lane, London, Greater London, N17 6AG
TYPERetail - High Street, Retail
TENUREInvestment Opportunity, Under Offer
POSTED ON12th September 2019

DESCRIPTION

Well Secured Prominent Freehold Convenience Store Investment 3,718 sq ft approx.

- Affluent north London suburb and busy thoroughfare
- Highly prominent trading location in a densely populated area
- Well secured to Sainsbury's Supermarkets Ltd
- The property is NOT elected for VAT
- A purchase at this level will show a NIA of 5.5% after normal purchaser's costs, assuming the rent rises to £75,000 pa
following the outstanding rent review negotiations.

Offers sought in excess of £1,285,000

LOCATION

Location: Sainsburys Supermarkets Ltd, 421 Lordship Lane, London, Greater London, N17 6AG

Turnpike Lane (0.7 miles)

Wood Green (0.9 miles)

Seven Sisters (1.3 miles)

Hornsey (1.0 miles)

White Hart Lane (1.0 miles)

Bruce Grove (1.0 miles)

AGENT'S DETAILS

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