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Retail Investments, Development - Residential for Sale

Green Lanes, Palmers Green, London, N13

£POA
5,216 sf
Retail Investments, Development - Residential for Sale

Green Lanes, Palmers Green, London, N13

£POA
5,216 sf
The parade comprises seven similar sized commercial units with flats above, two lock-up garages and private parking to the rear. The commercial units are all currently let on FRI leases, granted at different times and produce a total income in the region of £120,000 per annum. The flats above have been sold off on long leases. To the rear of the parade there is yard that is used for parking and two garage units, with one of the units having obtained a use for paint spraying vehicles.

Shop area 1 61 sq m (656 sq ft) approx
Shop area 2 61 sq m (656 sq ft) approx
Shop area 3 60 sq m (645 sq ft) approx
Shop area 4 59 sq m (635 sq ft) approx
Shop area 5 60 sq m (645 sq ft) approx
Shop area 6 66 sq m (710 sq ft) approx
Shop area 7 57 sq m (613 sq ft) approx


The pitched roof above the parade has scope to develop further apartments, subject to all necessary planning permission being approved.

Location

The development is situated to the eastern side of Green Lanes close to the junction of Green Lanes and the North Circular Road (A406). Green Lanes is a major thoroughfare which runs effectively from Enfield Town in the north to Finsbury Park in the south.

The area is well served by public transport with Palmers Green railway station (services to Moorgate/Kings Cross and Hertford North) a short walk away and several bus routes along Green Lanes and the North Circular Road.

Amenities

The entire parade is to be sold freehold, with offers in the region of £2,700,000. Each party to pay their own legal costs.

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Development Property for SaleLondonPalmers GreenGreen Lanes, Palmers Green, London, N13