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COMMERCIAL

Green Lanes, London, N13

£675,000
Varosi Lettings & Estates, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Freehold
  • Fully Tenanted
  • Great for Investment

Description

Varosi Estates is delighted to offer the FREEHOLD on the restaurant in the heart of N13.

The restaurant currently has a tenant who's lease expires in 2032. The current rate of rent received is £26k per annum. There is a rent review in 2028 where there is an opportunity to increase the rent.

It is a full repair and insuring lease (FRI) so tenant maintains the property solely at their own expense.

The freeholders obtains insurance and tenant pays the premium after insurance is secured by the Freeholder.

The latest premium to renew insurance for the commercial property was approx. £1,725.

Rent is received quarterly, the payment dates are 25th March, 24th June, 29th September and 25 December

Energy Performance Certificates

EPC 1

Green Lanes, London, N13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bowes Park Station0.5 miles
  • Palmers Green Station0.6 miles
  • Bounds Green Station0.6 miles

About Varosi Lettings & Estates, London

176 Tollington Park, London, N4 3AJ
Industry affiliations:Industry affiliation logo 0

Varosi Lettings & Estates are a leading Independent Estate Agents, with specialist negotiators helping to break our company targets and exceeding our expectations. This has given us a significant edge over our competitors by enabling us to dedicate quality time to all our clients. Our experienced sales team are locally based and offer property appraisals free and without obligation.

Notes

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Disclaimer - Property reference Green83. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Varosi Lettings & Estates, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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