52 Ballards Ln - Storefront FOR SALE


London, LND N3 2BU
$550,000 USD
203-856-8663
52 Ballards Ln, London, LND for Sale
$550,000 USD
Storefront - FOR SALE
1/15
null | Request Cap Rate

52 Ballards Ln
London, LND N3 2BU


OVERVIEW

A freehold ground floor commercial property for sale with upper parts sold off on long leases. The property benefits from a prime location opposite to Tesco Superstore and a short distance to Finchley central underground. The commercial unit is leased to a mobile phone shop. It has an annual rental income of £32,000 pa. A new 10 years FRI lease on a 5 yearly rent review was granted in 2021. 52a & 52b are residential flats above the commercial units. Flat 52a is on 125 years lease. Ground rent receivable is £75.00 pa. Flat 52b is in a new 215 years lease from 30/08/1985 paying pepper corn ground rent. The shop measures in the region of 101.5m2 (1092sqft). Location: Within easy access of major road networks, such as the A1000, A406 North Circular and A1. Serviced by a range of bus routes and within easy access to East Finchley, Temple Fortune, Golders Green, Mill Hill, North Finchley and surrounding areas.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,525 SF

ZONING

-

APN/PARCEL ID

NGL54652

ASK ABOUT THIS PROPERTY

Mamun MiahMartyn GerrardMore Info
203-856-8663

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Mamun MiahMartyn GerrardMore Info
203-856-8663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.