Commercial property for sale

Tenure: Freehold

Grey & Co have been instructed to offer these extensive commercial/residential premises located on this busy secondary parade within a short walking distance to Middlesex University and Brent Street. The premises are also easily accessible to the Great North Way A1/ North Circular Road A406 and the M1 motorway.

The premises comprise of a ground floor retail shop unit (A1), which trades as a long established DIY/Hardware store and has been in the same ownership for twenty seven years. There are additional storage areas to the rear of the ground floor, which includes a rear store/garage currently let to an upholsterer.

Ground Floor:

Shop Internal Width: 15’ 2” Narrowing to 10’ 9”
Shop Depth: 23’ 7”
Built Depth: 51’
Storage: 243 sq. ft. / 22.57 M2
Gross Internal Area: 659 sq. ft. / 61.22 M2
Rear General Store 52 sq. ft. / 4.83 M2

External Store: 113 sq. ft. / 10.49 M2

Rear Garage
/Workshop: 243 sq. ft. / 22.57 M2

**Rear vehicular access from Ravenshurst Avenue, currently let to an upholsterer as workshop space @ £5,200, per annum**

First Floor Flat:

Front Section: Comprises two rooms, kitchen and shower room, (previously let at £563.33, pcm Inclusive).

Rear Section: Comprises studio room, kitchenette and shower room, (previously let at £476.66, pcm Inclusive).

Price: "Offers in the Region of £500,000, Subject to contract for the purchase of the freehold interest, goodwill of business and fixture/fittings. (Stock at valuation)

Rates: Rateable Value: £12,750
Rates Payable: £3077.13 per annum

Description: Shop & Premises
L B Borough of Barnet

Council Tax -Flat: Band C = £1,264.91

Business: Further details in respect of trading accounts are available upon request

Property Ref:1_113_2057914