Green Lanes, Palmers Green

LOCATION
Located close to the junction with Hazelwood Lane in this prominent position amongst such multiples as Sainsbury's Local, Gail's, B&Q Local, Scrivens, Ladbrokes, Paddy Power, McDonald's, Costa, Domino's and many others.

Palmers Green Rail Station and 'The Triangle' junction with Aldermans Hill are both within close proximity.
Palmers Green is a popular north London suburb which lies approx. 8 miles north of central London and benefits from good road links via the North Circular Road (A406) and the Great Cambridge Road (A10).

DESCRIPTION
A substantial mid terrace building comprising a Large Ground Floor Pub with a front beer terrace. Totaling in the region of 7,000 square feet

Asking Price: £1,500,000 for the ground floor freehold, with an additional £100,000 payable for the goodwill associated with the commercial lease if a buyer wanted to buy with vacant possession.

Use: E class
Income producing: £125,000p.a
Tenure: 999 year leasehold.

The whole freehold is also available for £2,000,000. This includes a further 4,600 square feet of space upstairs which generates £55,000p.a.

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

VAT
It is our understanding that VAT is applicable

LEGAL COSTS
Each party to bear their own legal costs.

VIEWING
Strictly by appointment only.