Location: The property forms part of a neighbourhood retail centre at the
roundabout junction of Osidge Lane, Brookside South and Hampden Way.
The shop is situated in a densely residential and affluent North London Suburb
with nearby multiples including Tesco Express, Dominos, William Hill and Pizza
Hut.
Accommodation: Comprises a lock up shop affording approximately 500 sq ft.
Tenancy & income: Let to B Krasniqi, trading as Blin Cafe on a new full
repairing lease for a term of 10 years from 27 June 2022, subject to an upward
only rent review and a tenant’s option to break upon 6 months prior written
notice at the 5th year at a rent of £24, 500 per annum exclusive.
A 3 months’ rent deposit is held as security against payment of rent and other
covenants of the lease.
The flat above has been sold on a 125 year lease at a peppercorn ground rent.
Price: £365, 000 for the benefit of the freehold interest subject to the
tenancy and income described above, reflecting a net yield of 6. 5%, assuming
purchasing costs of 3. 9%.
EPC: C
legal costs: Each party is to be responsible for their own costs incurred.

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