Mixed Use Investment Opportunity – For Sale – 215 Regents Park Road, London, N3 3LD

Accommodation
Ground floor commercial unit, ground floor one-bedroom flat and first floor one-bedroom flat
Property Type
Residential and E Class Commercial
Tenure
Freehold
Price
Offers in excess of £900,000

Overview

An exciting opportunity to acquire a freehold income-producing investment, which includes two recently let one-bedroom flats and a ground floor commercial unit. 

The residential flats have been refurbished to a good standard and are currently let on a 12 month AST commencing 30 April 2021 and 6 March 2021. 

The ground floor commercial property has been fitted out to a good standard and is currently let on a 20 year lease commencing 1 March 2017 and expiring 28 February 2037. 

Description

An opportunity to purchase the freehold of two residential properties being let on a 12-month AST as well as a ground floor commercial unit.

The ground floor commercial property has been fitted out to a good standard by the current tenant, comprising open place workspace with partitioned meeting area and WC to the rear.

Both recently refurbished 1 bedroom flats comprise an open-plan reception/kitchen, and bathroom suite. Access via private entrance off North Crescent. 

Commercial Unit

Ground Floor 1-Bedroom Flat

First Floor 1-Bedroom Flat

Location

Conveniently located approximately 0.5 miles from the Finchley Central Station, and 15 minutes from Golders Green Station, with great access to the lively high street. 

The property benefits from high level of passing traffic and a dense residential population, providing a strong market for any tenant operating a business at this location. 

Accommodation

Commercial Unit

215 Regents Park Road – 478 sq. ft.

Residential Flat

Ground Floor Flat – Reception/kitchen, 1 bedroom, 1 bathroom

First Floor Flat – Reception/kitchen, 1 bedroom, 1 bathroom

Tenancy Schedule

A full tenancy schedule is available on request, however we can advise that the combined annual income equates to £42,500 per annum.

Price

Offers in excess of £900,000.

Tenure

Freehold.

Viewings

Strictly by appointment with TD-RE.

EPC

EPC available on request.

Brochure

Full brochure available on request.

Disclaimer

All properties are offered subject to contract and availability. These particulars are believed to be accurate and correct at the time of publishing, however TD-RE cannot accept any liability for any misrepresentation made in these particulars. Prospective purchasers or tenants must make theirown enquiries to satisfy themselves as to the accuracy of these particulars.

Anthony Tappy-Day

Partner

For more information or to view contact Anthony.