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Summary
  • Freehold mixed-use retail and residential investment
  • Strategic location 100 metres from Turnpike Lane underground station (Piccadilly Line)
  • Highly prominent retail premises comprising approximately 6,394 sq.ft benefiting from excellent rear servicing
  • 13 residential units arranged over two upper floors comprising 6,383 sq.ft.
  • Fully let with the ground floor let to Poundland until July 2022 paying £200,000 per annum and the flats let on ASTs producing £189,600 per annum
  • Offers invited in excess of £7,000,000 for the freehold interest which reflects 5.22% NIY on the current income
Summary
  • Freehold mixed-use retail and residential investment
  • Strategic location 100 metres from Turnpike Lane underground station (Piccadilly Line)
  • Highly prominent retail premises comprising approximately 6,394 sq.ft benefiting from excellent rear servicing
  • 13 residential units arranged over two upper floors comprising 6,383 sq.ft.
  • Fully let with the ground floor let to Poundland until July 2022 paying £200,000 per annum and the flats let on ASTs producing £189,600 per annum
  • Offers invited in excess of £7,000,000 for the freehold interest which reflects 5.22% NIY on the current income