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Alexander Court, 79 High Road, London, Alexander Court, 79 High Road, London

Guide price

£1,700,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Attractive Freehold Shop Investment with four flats above
  • Ground floor Coffee Shop let to Nero Holdings Limited (t/a Caffe Nero)
  • The upper floors comprise 4 flats, 3 x Two Bed & 1 x One Bed
  • Flats 2,3 & 4 are separately let on individual AST's.
  • Flat 1 is currently Vacant (previously let at £24,000 p.a.)
  • The Flats are accessed from their own entrance fronting High Street
  • VAT is Not Applicable to this Lot
  • 6 Week Completion Available
  • Investment let at £120,400 p.a. With 1 Vacant Flat (7.08% GIY on Guide Price)
  • Circa 8.5% GIY upon letting the vacant flat)

Description

The property is arranged on Ground, First and Second Floors and comprises a large ground floor coffee shop together with four flats above which benefit from having a separate self-contained entrance on High Street

East Finchley is a north London neighbourhood, 6 miles from central London and immediately north of Hampstead Heath



Finchley High Road (A1000) runs through the centre of the area, with the North Circular (A406) to the north and the A1 to the south



Occupiers close by include Costa Coffee, Domino's, Phoenix Cinema, Budgens, Iceland, Subway, KFC, a Sainsbury's Local and a Tesco Express amongst many others

Transport
East Finchley Underground Station (Northern line) is located 220m to the south
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Alexander Court, 79 High Road, London, Alexander Court, 79 High Road, London

NEAREST STATIONS

London Underground

East Finchley Station

0.22 miles

London Underground

Highgate Station

1.17 miles

London Underground

Finchley Central Station

1.41 miles

About Savills National , Savills Auctions- Commercial

Savills National , Savills Auctions- Commercial

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Disclaimer - Property reference EC39056D-69C2-4092-97B3-475B649ACC45. 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 Savills National , Savills Auctions- Commercial. 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.