Crouch Hill, London, N8
- PROPERTY TYPE
Mixed Use
- BEDROOMS
4
- SIZE
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Key features
- Rare opportunity to acquire a mixed-use buildings in the heart of Crouch End N8
- Total projected annual gross income of Approx. £109,000 across both residential and commercial unit
- Excellent conditions throughout
- Ground floor retail units already producing a combined £43,000 p.a. with active leases in place
- Four Flats upstairs - All rented
- Outdoor space on ground floor - Potential for Extension STPP
- Freehold under one title and Chain free
- Offered considered
- Motivated seller
- Viewing by appointment only!
Description
The property comprises a well-established, fully licensed bistro/restaurant occupying the ground floor, together with a spacious basement providing excellent storage and attractive outdoor seating.
The commercial premises are let on a 20-year lease from February 2012, with four-yearly rent reviews, currently generating £43,000 per annum.
The upper floors comprise two one-bedroom flats and two studio flats, all let to long-term private tenants, providing a reliable residential income.
The residential rents are currently below market value, presenting an excellent opportunity for future rental growth and enhanced returns.
Income Summary:
Commercial Income: £43,000 per annum.
Residential Income: £65,844 per annum
Total Income: £108,844 per annum.
A rare investment opportunity offering a strong, immediate income stream with significant scope for future rental growth.
Early enquiries are highly recommended.
EPC rating: D.
Ideally positioned within a thriving North London location, the property benefits from excellent transport links, strong tenant demand, and a vibrant mix of independent cafés, restaurants, and local amenities.A rare opportunity to acquire a substantial mixed-use investment offering immediate income and future asset management potential.
Viewings are by appointment only, Contact us today to arrange further details or a viewing.
Crouch Hill, London, N8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Crouch Hill Station0.5 miles
- Harringay Station0.7 miles
- Hornsey Station0.8 miles
Notes
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