COMMERCIALUNDER OFFER
Green Lanes, Palmers Green, London
Offers in Region of
£600,000
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold mixed-use investment
- Ground floor retail unit with HMO accommodation above spread over two floors
- Let on a single commercial lease for a term of 15 years from 16th March 2026
- Rental income £38,000 pa exclusive
- Gross Internal Area 253.1m² (2,724ft²)
- Established location with strong local amenities and transport connections
Description
Mid terrace, mixed-use freehold property let on a commercial lease for sale by private treaty located on a busy parade in Palmers Green. This area of Green Lanes is characterised by a range of independent retailers, cafes, restaurants, professional services and surrounded by dense residential neighbourhoods. The property comprises of a Greek-style café / restaurant (Mezopoly) on the ground floor and an HMO above accessed from the rear service road. The entire premises is let on one commercial lease at a rent of £38,000 pa exclusive.
An excellent investment opportunity to acquire a mixed-use freehold property comprising a ground floor retail unit with a House in Multiple Occupation (HMO) above, fully let on a single commercial lease. The property benefits from a prominent position along Green Lanes, a well-established and busy retail parade, offering strong footfall and excellent transport links. The ground floor is configured as a self-contained unit, while the upper parts provide residential accommodation arranged as an HMO. The entire premises is let to a single tenant under a commercial lease, providing a straightforward income stream and ease of management. This structure may appeal to investors seeking a secure, hands-off asset with potential for long-term rental growth. This area of Green Lanes is part of a busy suburban high street environment. It blends strong local retail activity with dense residential neighbourhoods, making it a dependable location for both commercial and residential rental demand.
Accommodation
Freehold mixed-use investment.
Ground floor retail unit with HMO accommodation above spread over two floors.
Let on a single commercial lease for a term of 15 years from 16th March 2026.
Rental income £38,000 pa exclusive.
Gross Internal Area 253.1m² (2,724ft²).
Established location with strong local amenities and transport connections.
Terms
Term: 15-year FRI lease effective from the 16th March 2026.
Rent: £38,000 pa exclusive paid quarterly in advance.
Rent review: Every fifth anniversary of the term.
Security: 6 months' rent deposit.
No arrears.
Anti Money Laundering Checks
All purchasers will be required to provide proof of funds, source of funds questionnaire, photographic identification and proof of address. We use a third party provider to carry out these checks.
Planning
The property falls within the London Borough of Enfield and can be used for Class E uses. All tenants are to satisfy themselves with regard to the Use Class Order and make relevant enquiries with the council.
Business Rates
The Rateable Value is £16,000. All applicants should make enquiries with Enfield Council with regards Business Rates.
VAT
VAT is not applicable.
Viewings by appointment only.
An excellent investment opportunity to acquire a mixed-use freehold property comprising a ground floor retail unit with a House in Multiple Occupation (HMO) above, fully let on a single commercial lease. The property benefits from a prominent position along Green Lanes, a well-established and busy retail parade, offering strong footfall and excellent transport links. The ground floor is configured as a self-contained unit, while the upper parts provide residential accommodation arranged as an HMO. The entire premises is let to a single tenant under a commercial lease, providing a straightforward income stream and ease of management. This structure may appeal to investors seeking a secure, hands-off asset with potential for long-term rental growth. This area of Green Lanes is part of a busy suburban high street environment. It blends strong local retail activity with dense residential neighbourhoods, making it a dependable location for both commercial and residential rental demand.
Accommodation
Freehold mixed-use investment.
Ground floor retail unit with HMO accommodation above spread over two floors.
Let on a single commercial lease for a term of 15 years from 16th March 2026.
Rental income £38,000 pa exclusive.
Gross Internal Area 253.1m² (2,724ft²).
Established location with strong local amenities and transport connections.
Terms
Term: 15-year FRI lease effective from the 16th March 2026.
Rent: £38,000 pa exclusive paid quarterly in advance.
Rent review: Every fifth anniversary of the term.
Security: 6 months' rent deposit.
No arrears.
Anti Money Laundering Checks
All purchasers will be required to provide proof of funds, source of funds questionnaire, photographic identification and proof of address. We use a third party provider to carry out these checks.
Planning
The property falls within the London Borough of Enfield and can be used for Class E uses. All tenants are to satisfy themselves with regard to the Use Class Order and make relevant enquiries with the council.
Business Rates
The Rateable Value is £16,000. All applicants should make enquiries with Enfield Council with regards Business Rates.
VAT
VAT is not applicable.
Viewings by appointment only.
Brochures
Brochure 1Energy Performance Certificates
EPC 1Green Lanes, Palmers Green, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Palmers Green Station0.2 miles
- Winchmore Hill Station0.9 miles
- Bowes Park Station1.1 miles
Notes
These notes are private, only you can see them.
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