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6 bed property
Freehold Buildings - Hornsey Road, London N19
£2,500,000
Freehold Buildings - Hornsey Road, London N19
£2,500,000
Our Summary
- Ideal long-term investment opportunity in a high-demand North London location
Description
This rare investment opportunity presents a unique chance to acquire two adjoining freehold mixed-use buildings in a prominent location. The property boasts a ground floor and basement retail unit, currently let to Crave & Co on a 15-year lease, generating a passing rent of £20,000 per annum, which will increase to £22,000 per annum in 2027. Additionally, the property features six self-contained one-bedroom flats above, all let on various assured shorthold tenancies, producing a total of £105,000 per annum in rental income. With a total gross internal area of approximately 7,500 square feet, this property offers a secure and diversified income stream from both commercial and residential tenants.