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£850,000Retail property (high street) for sale
Ballards Lane, London N3
Level access
Retail property (high street)
4004
Features and description
- Investment for sale
- Let to superdrugs plc until 2028
- High street
- All on ground floor
- Presntly producing income of £55,000 per annum
Sale of Virtual freehold 999 years lease at a peppercorn ground rent, subject to the 10-year lease to Superdrug Stores plc dated 28th September 2018, with a current passing rent of £55,000 per annum with outstanding rent review sept 2023, please note the seller has served rent review memorandum asking £75,000 per annum which been negotiating with the tenant In situ.
Property information from this agent
About this agent
Founded in 1854, Salter Rex combine traditional values with exceptional standards of service and the most advanced marketing methods, to obtain the best possible outcome for our clients. Whether selling or letting, we are able to market your property to the widest possible customer base, presented in the most attractive manner, to achieve the greatest level of interest and consequently, the best possible price. Amongst the services we offer from our branches at Kentish Town and Hampstead are; professional photography and floorplans, free Energy Performance Certificates (subject to conditions), regular feedback on viewings via a single point of contact and honest, straightforward, positive advice on marketing your home. Our dedicated property management team are on hand at the Kentish Town office to deal quickly and efficiently with any problem that might arise. In addition our surveyors, residential block management and commercial property specialists are all readily available.