£1,150,000
Property for saleGreen Lanes N16
Added on
Michael Naik
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About this property
Mixed Freehold Investment
2 x One Bedroom Flats
Ground Floor & Basement Shop
Workshop To Rear With Development Potential
Mixed Freehold Opportunity | Rear Workshop With Scope For Development (subject to planning) | Annual Income £64,600
This is both a fantastic investment and development opportunity, with 2 x one bedrooms flats and a ground floor and basement restaurant, all let and currently taking £ per annum, in addition to a workshop to the rear, which - subject to the necessary planning, could be developed into an addition residential dwelling.
The property is placed in pretty much equal distance for both Newington Green and Stoke Newington Church Street for amenities, as well as public transport, with Canonbury and Dalston Kingsland within walking distance too.
Further details on lease agreements will be provided on enquiry only.
Ground Floor & Basement - let at £25,000 per annum
First Floor Flat - let at £1,600 p/m ( £19,200 per annum)
Second Floor Flat - let at £1,700 p/m ( £20,400 per annum)
Total Annual Income - £64,600
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