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Restaurant for sale

Green Lanes, London

Offers Over
£600,000

£433.53 per sq ft

Business rates & charges may apply

Mi Commercial, London
SIZE AVAILABLE

1,384 sq ft

129 sq m

SECTOR

Restaurant for sale

Description

LOCATION
The property is prominently located on busy Green Lanes, benefiting from strong footfall, excellent local amenities, and nearby major retailers.

DESCRIPTION
Investment Opportunity - Prominent Mixed-Use Property on Green Lanes

The property occupies a highly prominent position on busy Green Lanes, benefiting from strong footfall, excellent local amenities, and close proximity to established national and independent retailers.

Commercial Unit
The ground floor comprises a substantial retail unit extending to approximately 822 sq ft, currently trading successfully as a café. The accommodation includes a fully fitted kitchen, food preparation area, generous customer seating, a storage room, and customer/staff WC facilities.

The unit is let at a passing rent of £25,000 per annum and benefits from Class E use, offering flexibility for a wide range of alternative uses (subject to the necessary consents), including cafés, restaurants, takeaways, grocers, beauty salons, and similar occupiers.

Residential Accommodation
The two flats above the retail unit have been sold off on long leaseholds and do not form part of the income stream.

To the rear of the property is a recently refurbished one-bedroom cottage measuring approximately 562 sq ft. The cottage is currently let and produces an annual income of £18,000 per annum.

Investment Summary

Prominent high-footfall location

Ground floor commercial unit let at £25,000 pa

Additional residential income of £18,000 pa

Flexible Class E use

Attractive mixed-use income profile

This opportunity is well suited to local and regional investors seeking a stable income-producing asset with future potential.

VIEWING
Viewings are strictly by appointment only.

Green Lanes, London

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Palmers Green Station0.3 miles
  • Winchmore Hill Station0.9 miles
  • Bowes Park Station1.1 miles

About Mi Commercial, London

9 Onslow Parade Hampden Square East Barnet London N14 5JN

Notes

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Disclaimer - Property reference 102099003145. 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 Mi Commercial, 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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