Prominent mid terrace building located in the affluent area of Muswell Hill
Comprising of 2 x commercial units and 2 x two bed flats (one sold off on long lease)
Commercial space and approx. 1,776 sq ft and 2 bed flat an approx. 850 sq ft. Total 2,626 sq ft (sold off flat and common parts not included)
Low capital value of £285.60 per sq ft on guide price
Asset management potential to substantial increase the passing income by increasing the rent and changing the tenant/occupier profile (subject to negotiation)
Development potential to build into the loft space/ add another floor (subject to the requisite consents)
The basement tenant is currently in circa £50,000 arrears and the benefit of these arrear will be passed to the incoming purchaser (please refer to the legal pack)
Nearby occupiers include Franco Manca, J.D Wetherspoons, Pizza Express, Boots