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Foxtons Limited, Resi Development & Investment

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Foxtons Limited, Resi Development & Investment
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High Road, London, N22

£1,000,000

Size

1,967

Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use
Floorplan
1

Key features

  • Mixed use commercial (E-Class) and Residential (C3)
  • Located on Wood Green High Road
  • 0.7 miles from Bound Green underground
  • Current income of £83,920 p.a, but opportunity for this to increase to £89K
  • Freehold

Description

This well-proportioned mixed-use property comprises of both (E-Class) retail on the ground floor and (C3) residential accommodation on the first and second floor. The upper floors are split into five separate dwellings, all leased out individually. The total square footage of this freehold building is 1,967. Located on High Road in Wood Green 0.7 mile from the closest Underground station, Bound Green, which is on the Piccadilly Line. The residential property could benefit from updating, which in turn could increase the rental income.

The residential uppers are currently achieving £61,920 per annum, with the commercial achieving £22,000 p.a. Giving a total income of £83,920, reflecting 8.4% yield.

The commercial tenancy expires in 2027, and there is an opportunity to improve upon this rent with an upcoming rent review.
Foxtons Limited, Resi Development & Investment

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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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Floors in building
4
Energy performance certificate: Ask agent

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
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Environmental description
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Read more about energy considerations for commercial property

High Road, London, N22

NEAREST STATIONS

National Rail

Bowes Park Station

0.44 miles

London Underground

Bounds Green Station

0.57 miles

London Underground

Wood Green Station

0.59 miles

About Foxtons Limited, Resi Development & Investment

Foxtons Limited, Resi Development & Investment

Foxtons Residential Development and Investment team, focusing on any sales from Capital Markets, Land, Development Opportunities and Investment stock. Covering the whole of London.

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Disclaimer - Property reference HighRoadWoodgreen. 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 Foxtons Limited, Resi Development & Investment. 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.