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28 The Market Place, Falloden Way, London

Guide Price
£50,000

Business rates & charges may apply

Savills, Savills, Auctions
SIZE

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SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to Long Standing Local Tenant
  • Lease Expires 21/06/2030
  • In Occupation for 10+ Years
  • Producing £18,600 per annum
  • Asset Management Potential
  • Established and Popular Location
  • Guide Price Reflects 37.2% Gross Yield

Description

The property comprises a high yielding retail investment opportunity with a prominent frontage to a high footfall arterial route.

Arranged across ground floor only, the property is let to a private individual trading as The Rose Household Store, an established local business that has been in occupation for over 10 years. The lease is for a term of years expiring 23/06/2030 and paying £18,600 per annum.

The property offers evident asset management potential via the upcoming rent review due in July 2024.

Situated with a prominent frontage to the high footfall Falloden Way, the area is categorised by a mix of local and national occupiers.

28 The Market Place, Falloden Way, London

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Finchley Station0.8 miles
  • Golders Green Station1.1 miles
  • Finchley Central Station1.1 miles

Notes

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Disclaimer - Property reference 408A93A6-E958-4F21-9554-24DFA69B855B. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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