Commercial Property For Sale

Description:

This income producing modern town house has a Fully Let Gross income in the region of £64, 500 representing a gross yield of 8%. Situated on Leigh Hunt Drive in Southgate this hmo was successfully granted planning permission for 9 occupants in December 2014.

The property arranged over 4 floors and has undergone significant modernisations to comply with the terms of the license, including wirelessly interconnected smoke alarms and emergency lights.

Plans and a schedule of tenancies will be made available upon request along with a copy of the license and planning permissions.

Location:

• Within close proximity to Southgate library, Southgate college, the Post Office, Ivory Road Recreational Ground

• A short distance from Southgate (Piccadilly Line) Underground Station

Tenure:

Sale of Freehold

Price:

£800, 000

Viewing:

Strictly via the owner's agent, Martyn Gerrard commercial department.

Please contact a member of our commercial team on .

Martyn Gerrard Commercial for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to Martyn Gerrard Commercial.
4. All rent prices, fees and charges are quoted exclusive of vat.
5. Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.